Lebanon's East Med offer closed

摘要

Lebanon's Energy Minister Cesar Abi Khalil says the tender process for blocks in the Eastern Mediterranean has closed -with two consortia submitting bids. It will take years for revenue from any of the blocks to start flowing to the country, he said at a news conference. "The first licensing round for oil exploration closed," he said. The country's petroleum authority and the cabinet will evaluate the bids, he added.