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Global Trade Alert

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Lebanon: Opening to foreign direct investment in the offshore oil & gas exploration sector

Description

On 24 August 2010, Lebanon enacted the Offshore Petroleum Resources Law No. 132 of 2010 opening offshore areas to foreign oil and natural gas companies for exploration and production of oil and natura...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

24 Aug 2010

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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