Lebanon is dreaming of gas riches with a Total-led consortium set to drill in 2019. However the country faces more pressing concerns. Donors contributed $12bn at April’s Cedre conference in Paris, in hope to benefit Lebanon's creaky infrastructure and troubled economy. But the government does have to first overcome widespread corruption.
|Debt to GDP||149||%|
24 Jan, 2020
Lebanon hopes to capitalize on East Med gas-hype, but offshore drilling is delayed, while a 2nd licencing round is also pushed back.
8 Nov, 2019
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