Lebanon targets gas and aid
The crisis-hit nation dreams of better diplomatic relations to help boost its crippled economy and unlock a gas bonanza. But dreams they may remain
The administration of US president Donald Trump—seeking a foreign policy win ahead of a bitterly contested election—has brokered maritime delineation talks between Israel and Lebanon. The historic negotiations, which stretch from gas development to regional geopolitics, kicked off in mid-October with the two sides, technically at war, sitting in the same room but communicating only through US and UN mediators. Experts say the tapping of veteran Lebanese politician Saad Hariri as the country’s prime minister in late October may be a positive development for the talks. Nonetheless, low oil and gas prices and possible spoiler actions by Turkey and Russia—as well as Iran—could render any deal me
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth