Lebanon’s parliament is likely to approve a law on offshore exploration as early as tomorrow, Ali Hamdan said in a telephone interview from Beirut. “There is a big chance for the law to be voted tomorrow, and it will be an important step to start the process of organizing tenders for interested companies within a year,” he said."
My Opinion
Yeah good luck with that Lebanon, not without a fight will you take hold of these oil and gas fields... They do not reside within your territory in any case...
You can auction contracts all you like, it is not going to happen either way and you know it!