What is the future of the oil and gas sector in Lebanon? Following the recent discovery of these valuable resources in the southern Mediterranean, including in the Cypriot and Israeli offshore reserves, the possibility of Lebanon also becoming a petroleum-producing country has been raised. This collection of essays addresses the major challenges and opportunities that accompany the country’s hope to join the petroleum club.
Covering the key policy issues - from Lebanon’s susceptibility to the oil curse, to the environmental risks of production - this book brings together expert analysis to offer answers at the institutional level. Of central importance, the contributors argue, is that for Lebanon to benefit from the discovery of petroleum, it must first reform its institutions with the full support of the voting public and civil society. Combining rigorous quantitative and qualitative research, the Lebanese Center for Policy Studies has produced here an essential book that puts petroleum in Lebanon, and the important questions that come with it, within a global perspective.
Edited by:
Sami Atallah,
Bassam Fattouh (SOAS,
University of London,
UK)
Imprint: I.B. Tauris
Country of Publication: United Kingdom
Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 531g
ISBN: 9780755643714
ISBN 10: 0755643712
Pages: 376
Publication Date: 29 July 2021
Audience:
College/higher education
,
Primary
Format: Paperback
Publisher's Status: Active
Introduction and Acknowledgements Size of the Reserves 1.Estimating the Size of the Levantine East Mediterranean Hydrocarbon Basin Ata Richard Elias, American University of Beirut (AUB), Lebanon Governance of the Sector 2.Carving Out a Role for Parliament in the Lebanese Oil and Gas Sector Sami Atallah and Nancy Ezzeddine, Lebanese Center for Policy Studies (LCPS), Lebanon 3.Spoils of Oil? Assessing and Mitigating the Risks of Corruption in Lebanon’s Emerging Offshore Petroleum Sector Reinoud Leenders, King's College London, UK 4.Establishing a National Oil Company in Lebanon Valérie Marcel, Chatham House, UK Management and Licensing 5.Licensing and Upstream Petroleum Fiscal Regimes: Assessing Lebanon’s Choices Carole Nakhle, Crystol Energy, UK 6.Lebanon’s Gas Trading Options Bassam Fattouh and Laura El-Katiri, Oxford Institute for Energy Studies, UK 7.Managing Oil and Gas Revenues in Lebanon Bassam Fattouh and Lavan Mahadeva, Oxford Institute for Energy Studies, UK 8.The Case for a Sovereign Development Fund in Lebanon Sami Atallah, LCPS, Lebanon, Adeel Malik, University of Oxford, UK, and Alexandra Tohme, LCPS, Lebanon Impact and Implications 9.Macroeconomic Implications of Windfall Oil and Gas Revenues in Lebanon Jad Chaaban, AUB, Lebanon, and Jana Harb, LCPS, Lebanon 10. How Will Oil Affect Lebanon’s Export Opportunities? Zeina Hasna, LCPS, Lebanon 11. Strengthening Environmental Governance of the Oil and Gas Sector in Lebanon Ricardo Khoury and Dima Alhaj, Earth Link and Advanced Resources Development, Lebanon Public Input 12. What Do Citizens Want from Oil and Gas Revenues? Sami Atallah, LCPS, Lebanon, Daniel Garrote Sanchez, LCPS, Lebanon, Zeina Hawa, LCPS, Lebanon, Leslie Marshall, University of Pittsburgh, USA and Laura Paler, University of Pittsburgh, USA
Sami Atallah is Director of the Lebanese Center for Policy Studies (LCPS) in Beirut, Lebanon. His research interests focus on the political economy of development, the role of national institutions, and local governance. He holds two master’s degrees in international and development economics from Yale University and in quantitative methods from Columbia University. Bassam Fattouh is Director of the Oxford Institute for Energy Studies, UK. He is also a senior fellow at the Lebanese Center for Policy Studies (LCPS) in Beirut and Professor at SOAS, University of London. He holds a PhD in economics from SOAS, University of London.
Reviews for The Future of Petroleum in Lebanon: Energy, Politics and Economic Growth
This is a remarkable collection of essays written by some of the best and most prestigious specialists in the field. Some of the chapters offer an extremely valuable overview of topics of general interest. -- Giacomo Luciani, Adjunct Professor, The Graduate Institute, Geneva
