Global Trade Alert
Global Trade Alert

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

Announcement

24 Aug 2010

In August 2010, the government of Lebanon announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

24 Aug 2010

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

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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