Lebanon’s Energy Minister Gebran Bassil said on Wednesday political squabbling could undermine the country’s nascent energy sector and hurt its international credibility if it dragged on.

The tiny Mediterranean country estimates its natural gas reserves at around 96 trillion cubicfeet but has had to delay its first offshore licensing round because of disputes over forming a new government that could launch the bidding process. (Read more… http://www.reuters.com/article/2013/12/04/lebanon-gas-idUSL5N0JJ3LT20131204)

(English, Article, 2013)

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