News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
30
o
Bekaa
32
o
Keserwan
30
o
Metn
30
o
Mount Lebanon
28
o
North
31
o
South
30
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Kaser Adem - Al Saradib
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
30
o
Bekaa
32
o
Keserwan
30
o
Metn
30
o
Mount Lebanon
28
o
North
31
o
South
30
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
TotalEnergies, Eni, and QatarEnergy alliance: Commitment to Lebanon's gas exploration
News Bulletin Reports
03-10-2023 | 10:23
High views
Share
Share
3
min
TotalEnergies, Eni, and QatarEnergy alliance: Commitment to Lebanon's gas exploration
In the afternoon of last Monday, the Ministry of Energy and Water announced the conclusion of the application submission period for the second licensing round dedicated to gas exploration in Lebanese waters.
The Ministry received bids for Blocks 8 and 10, with both bids coming from the coalition of TotalEnergies and Eni, along with QatarEnergy. It's worth noting that this alliance had previously won bids for Blocks 4 and 9 in the first licensing round.
Following the Energy Ministry's announcement of the application deadline, objections were raised, questioning why the Ministry did not leave the application submission window open until the initial drilling results for Block 9, expected by the end of October, to attract more competitive offers and improve the terms for the Lebanese state.
In response to these objections, sources familiar with the matter emphasize the positive aspects of the situation. Firstly, the interest of the alliance in Blocks 8 and 10, which are adjacent to Block 9, increases the possibility of additional discoveries in these blocks if commercial quantities of gas are found in Block 9 and specifically in the Qana field.
These sources confirm that if discoveries are made in Block 9, the Ministry will be able to improve the financial and technical conditions for the Lebanese state through negotiations with the alliance.
This undermines the theory that the Ministry should have extended the application submission deadline. In case the Ministry does not reach a positive outcome through negotiations, it can choose not to bind the project to the mentioned alliance.
If no commercial discoveries are made in the potential Qana field, the Lebanese state will have obtained two additional offers for Blocks 8 and 10 that can be studied.
In the end, the participation of the TotalEnergies, Eni, and QatarEnergy alliance in the second licensing round demonstrates their strong commitment to exploration and offshore production in Lebanon.
LBCI sources confirmed that the Energy Ministry will be informed by October 22nd about the alliance's final decision on whether to continue work in Block 4 or not.
Based on the drilling results in Block 9, the Ministry will choose the appropriate timing to launch the third licensing round to attract additional companies to Lebanese waters.
Lebanon News
News Bulletin Reports
Lebanon
TotalEnergies
Eni
QatarEnergy
Lebanese
Gas
Exploration
Energy
Block 8
Block 10
Block 4
Block 9
Drilling
Qana Field
Offshore
Next
Details emerge: Israel strikes building in Beirut's southern suburbs, marking second attack in days
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:00
From Shebaa Farms to Mount Hermon: Israel resets its northern war map
News Bulletin Reports
13:00
From Shebaa Farms to Mount Hermon: Israel resets its northern war map
0
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
0
News Bulletin Reports
12:45
Tunnel to trafficking: Lebanese Army cracks down on hidden narcotics lab in Yammoune
News Bulletin Reports
12:45
Tunnel to trafficking: Lebanese Army cracks down on hidden narcotics lab in Yammoune
0
News Bulletin Reports
2025-07-13
Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks
News Bulletin Reports
2025-07-13
Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Middle East News
03:11
Syrian government forces enter Druze city after clashes
Middle East News
03:11
Syrian government forces enter Druze city after clashes
0
Middle East News
08:54
12 Druze civilians shot dead by Syria government forces
Middle East News
08:54
12 Druze civilians shot dead by Syria government forces
0
World News
15:49
Paramilitary attack kills 48 in central Sudan village: War monitor
World News
15:49
Paramilitary attack kills 48 in central Sudan village: War monitor
0
Middle East News
13:45
Israel says Syria strikes 'a clear warning to the Syrian regime'
Middle East News
13:45
Israel says Syria strikes 'a clear warning to the Syrian regime'
Videos
d-none hideMe
0
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
0
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
0
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
0
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
0
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
12:22
Washington calls on Lebanon to set deadline for state control over Hezbollah arms: Sources to LBCI
Lebanon News
12:22
Washington calls on Lebanon to set deadline for state control over Hezbollah arms: Sources to LBCI
2
Middle East News
13:45
Israel says Syria strikes 'a clear warning to the Syrian regime'
Middle East News
13:45
Israel says Syria strikes 'a clear warning to the Syrian regime'
3
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
4
News Bulletin Reports
13:00
From Shebaa Farms to Mount Hermon: Israel resets its northern war map
News Bulletin Reports
13:00
From Shebaa Farms to Mount Hermon: Israel resets its northern war map
5
News Bulletin Reports
12:45
Tunnel to trafficking: Lebanese Army cracks down on hidden narcotics lab in Yammoune
News Bulletin Reports
12:45
Tunnel to trafficking: Lebanese Army cracks down on hidden narcotics lab in Yammoune
6
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
7
Lebanon News
03:42
Airstrikes hit Bodai as Israel targets alleged Hezbollah positions in Bekaa
Lebanon News
03:42
Airstrikes hit Bodai as Israel targets alleged Hezbollah positions in Bekaa
8
Lebanon News
07:15
Lebanese Army arrests 144 Syrians for illegal entry, detains multiple Lebanese suspects in raids
Lebanon News
07:15
Lebanese Army arrests 144 Syrians for illegal entry, detains multiple Lebanese suspects in raids
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More