TotalEnergies Takes Temporary Control Of Offshore Gas Block In Lebanon ...Middle East

The Lebanese caretaker government has awarded TotalEnergies temporary control of an offshore gas block after the exit of Russian Novatek last month. Reuters reports that now the Lebanese government and TotalEnergies will begin negotiations with Qatar over taking a stake in the project. According to documents produced by the Lebanese government and seen by Reuters, the 20 percent that Novatek held in the project was transferred to another company and TotalEnergies’ 40-percent holding in the gas block was also transferred to another company.…

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