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LPA to prep for second gas licensing round

Energy and Water Minister Cesar Abi Khalil said Tuesday that he had instructed the Lebanese Petroleum Administration to prepare for the second offshore gas licensing round.“This is not the launch of the licensing round, but the beginning…

Lebanon Ready To Rebuild Syria

The dream of reconstructing Syria is beginning to materialize in Tripoli, in the north of Lebanon. The city is only 28 kilometers from the Syrian-Lebanese border, and local authorities want Tripoli to become the number-one hub between Syria…

Salameh rejects devaluation of pound

Central Bank Governor Riad Salameh Wednesday brushed off calls for a managed devaluation of the Lebanese currency, warning that such a step would be detrimental to the national economy.“We are not considering any devaluation because we…

Lebanon anticipates economic revival

Lebanon’s economy is expected to improve even before offshore gas and oil exploration at the beginning of 2019, Energy and Water Minister Cesar Abi Khalil said Wednesday.A consortium of France’s Total, Italy’s Eni and Russia’s Novatek has…

UN Human Rights Committee reviewed Lebanon

The UN Human Rights Committee, which monitors implementation by States of one of the main international human rights treaties, the International Covenant on Civil and Political Rights (ICCPR), is meeting in Geneva from 12 March to 6 April…