FAYYAD: PERMIT GRANTED FOR 3D SEISMIC SURVEY OF BLOCK 8

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Caretaker Energy Minister, Walid Fayyad, on Thursday announced that a permit has been granted to a consortium of international companies to conduct a 3D seismic survey of Lebanon’s offshore Block 8. ‘Today is a historic day in a journey that had started in the year 2010,’ Fayyad said at a press conference. The minister’s announcement coincided with the beginning of gas exploration in Block 9. ‘There are major hopes pinned on this block [#8] … and it had not been possible to launch the survey prior to demarcating the border with Israel, something that took place [last year],’ Fayyad added.

Source: National News Agency – Lebanon