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
32
o
Bekaa
36
o
Keserwan
33
o
Metn
33
o
Mount Lebanon
31
o
North
33
o
South
31
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Eendi Soual
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
32
o
Bekaa
36
o
Keserwan
33
o
Metn
33
o
Mount Lebanon
31
o
North
33
o
South
31
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
Gas race: New maritime talks could shift Lebanon's offshore energy future
News Bulletin Reports
19-07-2025 | 13:05
High views
Share
Share
3
min
Gas race: New maritime talks could shift Lebanon's offshore energy future
Report by Yazbek Wehbe, English adaptation by Yasmine Jaroudi
For over 15 years, countries bordering the Eastern Mediterranean have competed to explore and extract offshore gas and oil.
Global powers, eager to tap into this energy-rich region, have sent envoys and exerted economic pressure to secure stakes in exploration, investment, and eventual export.
Lebanon, long seen as a potential player, has lagged, hindered by political obstacles and a lack of confirmed commercial gas discoveries in its initial offshore exploration blocks, particularly Blocks 4 and 9.
Despite the setbacks, recent data suggests the region holds immense promise.
A U.S. report estimates that the Eastern Mediterranean contains roughly 3.5 trillion cubic meters of natural gas, nearly a quarter of which may lie within Lebanon's maritime zone.
In a renewed push, the Lebanese government last week formed a committee chaired by Public Works and Transport Minister Fayez Rasamny to resume maritime border negotiations with Cyprus over Lebanon's southern sea boundary.
The committee is expected to meet again midweek to finalize the demarcation swiftly. Sources say the new median point under consideration could grant Lebanon an additional 2,500 square kilometers of maritime territory, significantly expanding its share from the 2007 agreement.
According to LBCI, a Cypriot technical delegation held a preliminary meeting with the Lebanese committee two days ago, with a follow-up session expected soon. A border demarcation expert coordinating with the Lebanese Army will also participate.
If the Cyprus deal is finalized, it would mark Lebanon's second major maritime agreement in recent years, following the U.S.-brokered accord with Israel in November 2022.
However, a third and equally critical step remains: reaching a maritime border deal with Syria.
Although sensitive, Lebanese officials are reportedly prepared to engage with Damascus at the appropriate time, with some technical channels already open between the two sides. The outcome could be influenced by regional dynamics involving Greek and Turkish Cyprus, as well as Ankara's growing role in Mediterranean energy politics.
Cyprus' renewed commitment to resolving the border dispute presents Lebanon with a strategic opportunity to expand its exploration area, potentially unlocking more commercially viable gas reserves.
Yet, turning that opportunity into economic gains hinges on Lebanon's ability to maintain political and security stability, key prerequisites for attracting the investment needed to fuel its long-awaited economic recovery.
Lebanon News
News Bulletin Reports
Gas
Race
Maritime
Lebanon
Offshore
Energy
Future
Cyprus
Next
Sweida ceasefire reached: What sparked Syria's conflict, and what were the deeper forces at play?
From cargo to connectivity: Tripoli Port poised for regional role with strategic development projects
Previous
Related Articles
d-none hideMe
0
News Bulletin Reports
2025-06-17
Inside the new war front: Israel shuts offshore gas fields amid rising Iranian missile threats
News Bulletin Reports
2025-06-17
Inside the new war front: Israel shuts offshore gas fields amid rising Iranian missile threats
0
News Bulletin Reports
2025-07-05
Lebanon's Grand Mufti visits Damascus in symbolic shift: Inside Derian's Syria meetings
News Bulletin Reports
2025-07-05
Lebanon's Grand Mufti visits Damascus in symbolic shift: Inside Derian's Syria meetings
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
0
World News
2025-05-13
France's Macron: New Russia sanctions could hit financial services, hydrocarbons in coming days
World News
2025-05-13
France's Macron: New Russia sanctions could hit financial services, hydrocarbons in coming days
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:10
Occupation of Gaza: Israeli cabinet approves Gaza control plan with controversial hostage strategy
News Bulletin Reports
13:10
Occupation of Gaza: Israeli cabinet approves Gaza control plan with controversial hostage strategy
0
News Bulletin Reports
13:00
Criminal empire crumbles: Infamous Bekaa drug dealer taken down by Lebanese military
News Bulletin Reports
13:00
Criminal empire crumbles: Infamous Bekaa drug dealer taken down by Lebanese military
0
News Bulletin Reports
12:48
From streets to state authority: Lebanon positions itself as part of a stable Middle East
News Bulletin Reports
12:48
From streets to state authority: Lebanon positions itself as part of a stable Middle East
0
News Bulletin Reports
12:47
Weapons control deadline on August 31: Lebanon prepares final step in disarmament plan
News Bulletin Reports
12:47
Weapons control deadline on August 31: Lebanon prepares final step in disarmament plan
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-08-07
Amal-Hezbollah sources to LBCI: Leaning toward participation in upcoming session amid ongoing consultations
Lebanon News
2025-08-07
Amal-Hezbollah sources to LBCI: Leaning toward participation in upcoming session amid ongoing consultations
0
Lebanon News
08:17
Lebanese President Aoun mourns fallen soldiers in South Lebanon
Lebanon News
08:17
Lebanese President Aoun mourns fallen soldiers in South Lebanon
0
Lebanon News
09:01
Defense Minister offers condolences after soldiers killed in South Lebanon
Lebanon News
09:01
Defense Minister offers condolences after soldiers killed in South Lebanon
0
Lebanon News
2025-06-29
After war, Syria, Lebanon peace deals with Israel needed: US envoy
Lebanon News
2025-06-29
After war, Syria, Lebanon peace deals with Israel needed: US envoy
Videos
d-none hideMe
0
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
2025-07-15
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
News Bulletin Reports
13:00
Criminal empire crumbles: Infamous Bekaa drug dealer taken down by Lebanese military
News Bulletin Reports
13:00
Criminal empire crumbles: Infamous Bekaa drug dealer taken down by Lebanese military
2
News Bulletin Reports
12:48
From streets to state authority: Lebanon positions itself as part of a stable Middle East
News Bulletin Reports
12:48
From streets to state authority: Lebanon positions itself as part of a stable Middle East
3
News Bulletin Reports
12:47
Weapons control deadline on August 31: Lebanon prepares final step in disarmament plan
News Bulletin Reports
12:47
Weapons control deadline on August 31: Lebanon prepares final step in disarmament plan
4
Lebanon News
03:30
FIBA denies Lebanon’s Wael Arakji participation in Asia Cup over medical committee decision
Lebanon News
03:30
FIBA denies Lebanon’s Wael Arakji participation in Asia Cup over medical committee decision
5
Lebanon News
05:31
Lebanese Army says respects peaceful expression, will not allow security breaches, roadblocks, property damage
Lebanon News
05:31
Lebanese Army says respects peaceful expression, will not allow security breaches, roadblocks, property damage
6
Lebanon News
03:41
Middle East Airlines to adjust flight departure times on August 13, 2025
Lebanon News
03:41
Middle East Airlines to adjust flight departure times on August 13, 2025
7
Lebanon News
08:17
Lebanese President Aoun mourns fallen soldiers in South Lebanon
Lebanon News
08:17
Lebanese President Aoun mourns fallen soldiers in South Lebanon
8
Lebanon News
09:28
Lebanese Army confirms six soldiers killed in explosion at weapons depot in South Lebanon
Lebanon News
09:28
Lebanese Army confirms six soldiers killed in explosion at weapons depot in South Lebanon
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