BEIRUT: Lebanon is nearing agreement with Israel over a maritime dispute involving offshore gas fields, but the cash-strapped country still faces an uphill struggle towards unlocking potential hydrocarbon riches, analysts say.“A deal would mark one step forward but it does not mean that Lebanon has become a gas- or oil-producing country,“ said Marc Ayoub, an associate fellow at the American University of Beirut’s Issam Fares Institute.“We are talking of a timeline of five to six years... before the first gas” if commercially viable reservoirs are in fact found, the energy expert told AFP, describing the timeframe as “optimistic”.With the demand for gas rising worldwide because of an energy c
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