REPORT: Lebanon’s oil extraction put on hold until cabinet approves decree

Maroun Nassif Author: Maroun Nassif
Breaking Headlines
2016-07-02 | 13:40
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REPORT: Lebanon’s oil extraction put on hold until cabinet approves decree
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REPORT: Lebanon’s oil extraction put on hold until cabinet approves decree

Lebanon’s Petroleum Sector is now ready to take Lebanon’s oil wealth back to the forefront after the political agreement reached between Speaker Nabih Berri and and MP Michel Aoun.

 

Extracting Lebanon’s oil won’t just cover the state’s fiscal deficit, but will take Lebanon out of its financial distress.

 

The entire process is still on hold until the cabinet approves the oil decrees.

 

 

For more, watch the full report in the video above 

Breaking Headlines

Lebanon

Oil

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