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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

QatarEnergy Replaces Russian Company in Lebanon Gas Exploration

Energy Lebanon Qatar Qatar Energy Russia Eni Oil Novatek Total TotalEnergies
From left, Claudio Descalzi, the CEO of Italy's state-run energy company, ENI, Qatar's Minister of State for Energy Affairs Saad Sherida al-Kaabi, Lebanese caretaker Prime Minister Najib Mikati, Lebanese caretaker Energy Minister Walid Fayad and TotalEnergies CEO Patrick Pouyanne sign an agreement in Beirut, Lebanon, Sunday, Jan. 29, 2023. (AP Photo/Bilal Hussein)

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast.

Qatar Energy is replacing a Russian company that withdrew from the Lebanese market in September.

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