News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
22
o
Bekaa
16
o
Keserwan
22
o
Metn
22
o
Mount Lebanon
21
o
North
22
o
South
20
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Loobat Kadari
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
22
o
Bekaa
16
o
Keserwan
22
o
Metn
22
o
Mount Lebanon
21
o
North
22
o
South
20
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Oil exploration file: TotalEnergies' return to Lebanon dependent on security and reform efforts
News Bulletin Reports
23-01-2025 | 13:49
High views
Share
Share
2
min
Oil exploration file: TotalEnergies' return to Lebanon dependent on security and reform efforts
Report by Bassam Abou Zeid, English adaptation by Yasmine Jaroudi
President Joseph Aoun has urged his French counterpart, Emmanuel Macron, to push for the resumption of TotalEnergies' oil exploration activities in Lebanon's Block 9.
However, analysts suggest that the company's return or other global firms' involvement in Lebanon's licensing round is contingent on political stability and the implementation of crucial reforms within state institutions.
Sources familiar with the matter indicate that the presence of Hezbollah's military infrastructure remains a major obstacle to advancing exploration and drilling operations. Given the persistent threat of conflict, investors are reportedly reluctant to engage in such projects.
The maritime border agreement with Israel was initially expected to create stability in Lebanon's southern waters.
Nonetheless, Hezbollah's actions, including its failed attempts to target the Karish gas field during the recent war, have reinforced concerns over security risks. The full implementation of U.N. Resolution 1701 and the disarmament of Hezbollah south of the Litani River are seen as key factors in reviving Lebanon's oil and gas sector.
International stakeholders closely monitoring Lebanon's energy sector emphasize the importance of comprehensive reforms, particularly in combating corruption.
Given Lebanon's track record with successive governments and parliaments, foreign investors remain wary. These stakeholders have communicated to Lebanese officials that the oil and gas sector must remain free from quotas and financial gains for select groups. They have stressed that the management of oil revenues through the proposed sovereign wealth fund must be conducted with complete transparency.
Moreover, concerns extend to Lebanon's national oil company, which will be established later on, with international actors insisting that it should not become a vehicle for political or personal enrichment.
They further underline the necessity of reforming the public sector and judiciary to prevent potential obstacles, protect Lebanon's rights in any disputes, and ensure a credible and investment-friendly environment.
Lebanon News
News Bulletin Reports
Oil
Exploration
File
TotalEnergies
Return
Lebanon
Dependent
Security
Reform
Efforts
Next
Slow and steady progress: Political negotiations drag on as Lebanon seeks new government
Israel intensifies military actions in South Lebanon amid growing withdrawal debate
Previous
Related Articles
d-none hideMe
0
Lebanon News
2025-02-04
President Aoun to Qatari PM: Lebanon looks forward to resuming oil exploration in cooperation with TotalEnergies
Lebanon News
2025-02-04
President Aoun to Qatari PM: Lebanon looks forward to resuming oil exploration in cooperation with TotalEnergies
0
Lebanon News
2025-03-24
PM Nawaf Salam calls for lifting banking secrecy and reform to return depositors' funds
Lebanon News
2025-03-24
PM Nawaf Salam calls for lifting banking secrecy and reform to return depositors' funds
0
Lebanon News
2025-02-19
Lebanon's PM Salam highlights importance of joint efforts for security and stability with Iraq
Lebanon News
2025-02-19
Lebanon's PM Salam highlights importance of joint efforts for security and stability with Iraq
0
News Bulletin Reports
2025-03-06
Lebanon's reform roadmap: Key takeaways from Cabinet session as it advances reform agenda
News Bulletin Reports
2025-03-06
Lebanon's reform roadmap: Key takeaways from Cabinet session as it advances reform agenda
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:20
Lebanon probes rocket fire as Israeli airstrikes intensify: What LBCI sources have confirmed so far
News Bulletin Reports
13:20
Lebanon probes rocket fire as Israeli airstrikes intensify: What LBCI sources have confirmed so far
0
News Bulletin Reports
13:19
US envoy Morgan Ortagus' upcoming visit prompts high-level talks in Lebanon on key issues — the details
News Bulletin Reports
13:19
US envoy Morgan Ortagus' upcoming visit prompts high-level talks in Lebanon on key issues — the details
0
News Bulletin Reports
13:15
US suspends USAID: What does this mean for Lebanon and global aid programs?
News Bulletin Reports
13:15
US suspends USAID: What does this mean for Lebanon and global aid programs?
0
News Bulletin Reports
13:13
Lebanon's reconstruction delays: Key appointments and IMF talks loom
News Bulletin Reports
13:13
Lebanon's reconstruction delays: Key appointments and IMF talks loom
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
2025-03-27
Who is Karim Souaid? Lebanon’s new central bank governor with major financial challenges ahead
News Bulletin Reports
2025-03-27
Who is Karim Souaid? Lebanon’s new central bank governor with major financial challenges ahead
0
Lebanon News
2025-03-31
Family dispute turns deadly in Hermel, investigation launched
Lebanon News
2025-03-31
Family dispute turns deadly in Hermel, investigation launched
0
Lebanon News
2025-01-12
Nawaf Salam ready to serve as PM if parliamentary blocs secure his nomination: Sources to LBCI
Lebanon News
2025-01-12
Nawaf Salam ready to serve as PM if parliamentary blocs secure his nomination: Sources to LBCI
0
Lebanon News
05:24
Israel's Adraee says strike targeted member of Hezbollah's Unit 3900 and Iran's Quds Force Hassan Bdeir
Lebanon News
05:24
Israel's Adraee says strike targeted member of Hezbollah's Unit 3900 and Iran's Quds Force Hassan Bdeir
Videos
d-none hideMe
0
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
0
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
0
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
0
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
0
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
0
Lebanon News
2025-02-14
Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events
Lebanon News
2025-02-14
Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events
0
Lebanon News
2025-02-13
Saad Hariri holds series of diplomatic and religious meetings in Beirut
Lebanon News
2025-02-13
Saad Hariri holds series of diplomatic and religious meetings in Beirut
0
Lebanon News
2025-02-13
LBCI monitors removal of barriers and barbed wire in Downtown Beirut
Lebanon News
2025-02-13
LBCI monitors removal of barriers and barbed wire in Downtown Beirut
0
Lebanon News
2025-02-10
Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)
Lebanon News
2025-02-10
Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)
Most read
d-none hideMe
24 hours
7 days
Month
1
News Bulletin Reports
13:20
Lebanon probes rocket fire as Israeli airstrikes intensify: What LBCI sources have confirmed so far
News Bulletin Reports
13:20
Lebanon probes rocket fire as Israeli airstrikes intensify: What LBCI sources have confirmed so far
2
News Bulletin Reports
13:19
US envoy Morgan Ortagus' upcoming visit prompts high-level talks in Lebanon on key issues — the details
News Bulletin Reports
13:19
US envoy Morgan Ortagus' upcoming visit prompts high-level talks in Lebanon on key issues — the details
3
Lebanon News
05:07
Sources to LBCI: Israeli airstrike on Beirut's southern suburbs kills four, names identified
Lebanon News
05:07
Sources to LBCI: Israeli airstrike on Beirut's southern suburbs kills four, names identified
4
News Bulletin Reports
13:00
Israeli security agencies propose three options for response if Lebanon is used to launch new missile attacks
News Bulletin Reports
13:00
Israeli security agencies propose three options for response if Lebanon is used to launch new missile attacks
5
Lebanon News
05:24
Israel's Adraee says strike targeted member of Hezbollah's Unit 3900 and Iran's Quds Force Hassan Bdeir
Lebanon News
05:24
Israel's Adraee says strike targeted member of Hezbollah's Unit 3900 and Iran's Quds Force Hassan Bdeir
6
News Bulletin Reports
13:15
US suspends USAID: What does this mean for Lebanon and global aid programs?
News Bulletin Reports
13:15
US suspends USAID: What does this mean for Lebanon and global aid programs?
7
Lebanon News
03:26
Toll from Israeli airstrike on Beirut's southern suburbs: Three killed, seven injured
Lebanon News
03:26
Toll from Israeli airstrike on Beirut's southern suburbs: Three killed, seven injured
8
Lebanon News
03:09
Source close to Hezbollah says Israel strike targeted Palestinian affairs official
Lebanon News
03:09
Source close to Hezbollah says Israel strike targeted Palestinian affairs official
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More