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The Gas Windfall That Will Make or Break Lebanon

Australians know that natural resources can be both a blessing and a curse and now Lebanon, a country better known for being maligned by corruption and regional conflict, is walking a tightrope between the two after a major natural gas find.

Last month the Middle Eastern country kicked off its first ever licensing round for offshore exploration licences, after UK-based surveyor Spectrum GEO identified offshore natural gas deposits in a 3000sq km section of the Levant Basin.

Lebanon is walking a tightrope between blessing and curse after a major natural gas find

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