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LBCI Lebanon
Studies on progress in the oil industry
The article discusses Lebanon's efforts to develop the oil sector, where Fawzi Khalifa, Chairman of the Petroleum Sector Management Authority, met with officials from the Audit Bureau to discuss the measures being taken to advance the sector. These efforts include carrying out exploratory activities in Block 8 and preparing for further oil drilling in 2028, as well as working on improving laws and regulations to attract foreign investments in Lebanese maritime waters. The article emphasizes that the supervisory role of the Audit Bureau helps ensure transparency and compliance with laws, thereby supporting the stability and development of Lebanon's oil sector.
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