Lebanon extends licensing deadline for gas exploration

BEIRUT: Lebanon’s caretaker energy minister on Wednesday extended the licensing deadline for oil and gas companies to explore in the country’s territorial waters until mid-December, to give more firms the chance to bid, state-run news agency reported.
The decision by the minister, Walid Fayad, to extend the deadline of the second round of licensing until Dec. 15 followed a request by the Lebanese Petroleum Administration, the National News Agency said.