The Lebanese gov’t is about to award offshore drilling licenses in areas that violates Israel’s exclusive economic zone.
Lebanon is homing in on Israel’s territorial waters, according to a report in Globes.
Official Israeli sources told the newspaper that Lebanon is about to award offshore oil and gas exploration licenses in areas that encroach on Israel’s exclusive economic zone (EEZ).
Lebanon published tenders for offshore oil and gas exploration licenses in early September, in five blocks in its EEZ.
It is a highly provocative act which has the potential to greatly inflame hostilities between the two nations. Continue Reading »