As Lebanon starts exploratory drilling for oil and gas, after a major agreement settled its maritime border with Israel, experts have warned that any bonanza would not benefit ordinary Lebanese unless reforms take place.
Drilling in the country's offshore Block 9 began on Thursday, with a consortium led by France's TotalEnergies and including Italian company ENI and QatarEnergy.
While result are due in 67 days, experts say Lebanese struggling with among the worst financial economic crises since the mid-19th century should not pin their hopes on hydrocarbons solving their problems.
“It is essential to differentiate between the interests of Lebanon as a nation and the objectives of the political class, which, so far, are the ones benefiting from the entire process”, said energy policy expert Laury Haytayan.
Caretaker Energy Minister Walid Fayad told The National that while the drilling commencement was a positive step, any discovery of reserves would not in itself drag Lebanon out of its economic crisis – especially if no reforms are implemented.
Lebanon's US-mediated maritime border agreement with Israel, signed in October 2022, establishes a clear boundary in the Eastern Mediterranean for the first time.
Negotiations at one point had risked spilling over into conflict between Israel and its arch-enemy Hezbollah, the Iran-backed Lebanese armed group that has extensive control over southern Lebanon.
The deal between the two countries – technically still at war – is the result of more than a decade of US-led efforts to settle a dispute over potentially abundant oil and gas reserves claimed by both parties.
Two years after the deadly Beirut blast, the same political class that is widely held responsible for the deaths of more than 200 people in the August 2020 explosion was back on the negotiating table with Washington.
“Right from the start, this deal favoured the Lebanese political class,” said Ms Haytayan.
“Negotiating with Israel was a strategic manoeuvre, aimed at boosting their international image, especially when their credibility was at its lowest amid the economic collapse.”
Lebanese politicians have cast the potential discoveries as a rare glint of light in a country experiencing dark economic times – now in their fourth year.
Before visiting the drilling rig earlier this week, influential parliamentary speaker Nabih Berri said that “in this darkness comes a day of joy”.
Caretaker Prime Minister Najib Mikati said it was a “bright page in history”.
“All political parties are trying to claim the legacy of the project to turn Lebanon into an 'oil country',” Ms Haytayan said.
The Free Patriotic Movement party sought to secure a deal before its founder Michel Aoun's term as president ended in October 2022. It could then cite this as a legacy of his presidency.
Meanwhile, Mr Berri, head of the Shiite party Amal Movement, has positioned himself as the guardian of Lebanon's sovereignty in the deal.
As for Hezbollah, the deal is viewed as a way to lift Lebanon out of its financial woes without an International Monetary Fund deal – and the critical reforms it involves, Ms Haytayan said.
“Unfortunately, this situation will likely perpetuate the status quo, injecting dollars to prop up the system, while fuelling corruption networks and maintaining a facade of stability that undermine the general interest”, she added.
A long way ahead
It is not certain if any natural gas reserves will be discovered.
And if they are found, that would lead to further investigations about the quality and whether the quantity is viable.
“In the oil and gas industry, predicting the content of a well is inherently uncertain,” said Marwan Abdallah, executive director of the Organisation for Petroleum and Energy Sustainability, a group that seeks to promote good governance and transparency in Lebanon's oil and gas sector.
“Currently, discoveries have been made in Israel and Cyprus, suggesting potential in Lebanon's vicinity.”
“If gas is found, there are multiple scenarios, one where the quantities only meet local needs and another one where there are enough available for export.”
Mr Abdallah said that export, given the status of war with Israel and the sanctions on neighbouring Syria, would be complicated for Lebanon, although not impossible, if exemptions were negotiated.
In any case, this would need investment to build the infrastructure necessary for domestic gas use and, if Lebanon were to export, to build new pipelines.
Mr Abdallah asked: “Who will invest and how would Lebanon attract foreign investment?”
He estimates that it would take about five years for Lebanon to start producing oil and gas, if commercially viable reservoirs are discovered.
“We need to plan ahead,” he said.
Private and political gains
However, Mr Abdallah is doubtful of the political class's ability to effectively manage these resources, citing the state's lack of capacity and the pervasive issues of corruption and political patronage.
The economic crisis has been blamed on decades of corruption and mismanagement by the Lebanese elite.
There are fears that similar problems could pop up again with the political establishment also appropriating oil and gas revenue for private or political gains.
“We find ourselves seeking solutions from the very individuals who previously failed to establish a good governance,” Mr Abdallah said.
One example is the electricity sector.
It is beset by a chronic deficit contributing billions of dollars to the country's debt, political bickering over murky contracts and a decade without a single new power plant – while the nation endures crippling blackouts.
Mr Abdallah asked: “What assurance do we have that these individuals will demonstrate greater efficiency in the future?”
Legal framework
Lebanon's legal framework includes measures against mismanagement and corruption.
In 2017, the country ratified a law to regulate public private partnerships. A year later, the government also enacted the Transparency in the Petroleum Sector law, intended to increase openness in oil and gas processes.
In 2021, a Public Procurement Law, which was applauded by the international community for laying the grounds for more transparency in the public sector procurement, was passed.
“These are on paper, but in reality, they are incomplete in their implementation”, Mr Abdallah said.
Mr Fayad, who was part of the delegation that visited the rig earlier this week, offered cautious optimism alongside frank realism.
“It's definitely positive,” he told The National.
“Now, on its own, does it put Lebanon back on track?
“No, it requires all the needed legislation and executive decisions. This does not solve the financial [crisis], the finance sector problems.”
He spoke after it was announced that a 3D survey of an offshore area known as Block 8, which neighbours Block 9 to the west, would commence soon.
Mr Fayad is hopeful hydrocarbon deposits worth billions of dollars could be found in Block 9.
Asked if reforms are needed to ensure that no revenue is “lost”, Mr Fayad said, “100 per cent, of course” – while adding that, “it's all complicated”.
The Block 8 survey will be carried out by British firm Geoex MCG and Egyptian company Brightskies Geoscience.
They will carry out the operation under the authority of the Energy Ministry, in an area of about 1,400 square kilometres.
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Price, base / as tested: Dh276,675 / Dh346,800
Engine: 3.0-litre turbocharged in-line six-cylinder
Transmission: Eight-speed automatic
Power: 354hp @ 5,500rpm
Torque: 500Nm @ 1,550rpm
Fuel economy, combined: 9.0L / 100km
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Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
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The specs
Engine: 2.0-litre four-cylinder turbo
Power: 268hp at 5,600rpm
Torque: 380Nm at 4,800rpm
Transmission: CVT auto
Fuel consumption: 9.5L/100km
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RESULT
Manchester United 2 Tottenham Hotspur 1
Man United: Sanchez (24' ), Herrera (62')
Spurs: Alli (11')
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
BlacKkKlansman
Director: Spike Lee
Starring: John David Washington; Adam Driver
Five stars
Yuki Means Happiness
Alison Jean Lester
John Murray
Meydan race card
6pm Dubai Trophy – Conditions(TB) $100,000 (Turf) 1,200m
6.35Dubai Trophy – Conditions(TB) $100,000 (Turf) 1,200m
1,800m
7.10pm Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m ,400m
7.45pm Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m
8.20pm Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m
8.55pm Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m
9.30pm Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
UAE currency: the story behind the money in your pockets
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
PREMIER LEAGUE TABLE
1 Man City 26 20 3 3 63 17 63
2 Liverpool 25 17 6 2 64 20 57
3 Chelsea 25 14 8 3 49 18 50
4 Man Utd 26 13 7 6 44 34 46
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5 West Ham 26 12 6 8 45 34 42
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6 Arsenal 23 13 3 7 36 26 42
7 Wolves 24 12 4 8 23 18 40
8 Tottenham 23 12 4 8 31 31 39
Results
1. Lewis Hamilton (Mercedes) 1hr 32mins 03.897sec
2. Max Verstappen (Red Bull-Honda) at 0.745s
3. Valtteri Bottas (Mercedes) 37.383s
4. Lando Norris (McLaren) 46.466s
5.Sergio Perez (Red Bull-Honda) 52.047s
6. Charles Leclerc (Ferrari) 59.090s
7. Daniel Ricciardo (McLaren) 1:06.004
8. Carlos Sainz Jr (Ferrari) 1:07.100
9. Yuki Tsunoda (AlphaTauri-Honda) 1:25.692
10. Lance Stroll (Aston Martin-Mercedes) 1:26.713,
BEACH SOCCER WORLD CUP
Group A
Paraguay
Japan
Switzerland
USA
Group B
Uruguay
Mexico
Italy
Tahiti
Group C
Belarus
UAE
Senegal
Russia
Group D
Brazil
Oman
Portugal
Nigeria
APPLE IPAD MINI (A17 PRO)
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In the box: iPad mini, USB-C cable, 20W USB-C power adapter
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Earth under attack: Cosmic impacts throughout history
- 4.5 billion years ago: Mars-sized object smashes into the newly-formed Earth, creating debris that coalesces to form the Moon
- 66 million years ago: 10km-wide asteroid crashes into the Gulf of Mexico, wiping out over 70 per cent of living species – including the dinosaurs.
- 50,000 years ago: 50m-wide iron meteor crashes in Arizona with the violence of 10 megatonne hydrogen bomb, creating the famous 1.2km-wide Barringer Crater
- 1490: Meteor storm over Shansi Province, north-east China when large stones “fell like rain”, reportedly leading to thousands of deaths.
- 1908: 100-metre meteor from the Taurid Complex explodes near the Tunguska river in Siberia with the force of 1,000 Hiroshima-type bombs, devastating 2,000 square kilometres of forest.
- 1998: Comet Shoemaker-Levy 9 breaks apart and crashes into Jupiter in series of impacts that would have annihilated life on Earth.
-2013: 10,000-tonne meteor burns up over the southern Urals region of Russia, releasing a pressure blast and flash that left over 1600 people injured.
How the bonus system works
The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.
The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.
There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).
All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.
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UAE'S%20YOUNG%20GUNS
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PRESIDENTS CUP
Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:
02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
03.17am (Thursday): Hideki Matsuyama/CT Pan v Webb Simpson/Patrick Reed
03.32am (Thursday): Abraham Ancer/Louis Oosthuizen v Dustin Johnson/Gary Woodland
THE DETAILS
Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5
ACC 2019: The winners in full
Best Actress Maha Alemi, Sofia
Best Actor Mohamed Dhrif, Weldi
Best Screenplay Meryem Benm’Barek, Sofia
Best Documentary Of Fathers and Sons by Talal Derki
Best Film Yomeddine by Abu Bakr Shawky
Best Director Nadine Labaki, Capernaum
VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
The%20Kitchen
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COMPANY%20PROFILE
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AIDA%20RETURNS
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Why are asylum seekers being housed in hotels?
The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.
A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.
Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.
The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.
When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.