QatarEnergy acquires stake in Lebanon’s offshore plays
Qatar 
DOHA, January 30, 2023 – QatarEnergy has acquired interest in two exploration blocks in Lebanon alongside partners TotalEnergies and Eni, the Qatari NOC announced on Sunday.
Under the agreements, the national E&P company will take 30% interest in Block 4 and Block 9, with Eni taking 35% stakes and TotalEnergies taking the remaining 35% operating stakes.
Block 4 covers an area of 1,910 square kilometres is located in water depths of around 1,500 metres.
Block 9 is located 80 kilometres off the shore of southern Lebanon and covers a total area of 1,750 square kilometres in water depths of around 1,700 metres.
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