Not Just a Pipe Dream
Using existing global standards, transparency in Lebanon’s oil and gas sector is possible

Even though Lebanon’s first offshore licensing round is on hold indefinitely, each passing month highlights the necessity for transparency and accountability in managing the country’s potential oil and gas resources. When Executive asked questions about the Lebanese firms prequalified to bid for petroleum contracts in its October 2014 issue, it found evidence that Apex Gas Limited exploited loopholes to conceal its corporate identity and that Petroleb blatantly expected government connections would result in it winning a bid.

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#شفافية #المبادرة #المساءلة #الفساد #Transperency #EITI #accountability #corruption