Drilling results reveal gas in Block 4 of Lebanon's territorial waters

Source: Xinhua| 2020-04-27 23:29:35|Editor: huaxia

BEIRUT, April 27 (Xinhua) -- Lebanese Energy and Water Minister Raymond Ghajar said Monday that drilling results in Block 4 of Lebanon's territorial waters proved the presence of gas in the geological region bordering the Lebanese coast, the National News Agency reported.

"This region is promising since the basic elements of a geo-petroleum system were confirmed in the Lebanese sea, but the existence of a gas reservoir was not verified," Ghajar said during a press conference to give updates on gas exploration in Lebanon.

In February 2018, Lebanon signed its first offshore oil and gas exploration and production contracts for two energy blocks with a consortium of France's Total, Italy's Eni and Russia's Novatek. Enditem