On Sunday, a ceremony to officially welcome QatarEnergy as a partner alongside French TotalEnergies and Italian Eni was held in the Lebanese capital Beirut for the exploration and production agreements on Blocks 9 and 4.
The Qatari oil and gas corporation will contribute 30% to this project, while TotalEnergies and Eni will each contribute 35%.
Najib Mikati, the acting prime minister of Lebanon, stated during the ceremony that the beginning of development and production in Lebanese waters will have a good impact on job creation in Lebanese enterprises providing services in this industry in the short and medium term.
source: reuters.com
