(MENAFN) Lebanon's energy ministry has increased a deadline for bids in its first licensing round for offshore oil and gas exploration to Oct 12.
Meanwhile, the country re-launched the licensing round in Jan after a three-year delay due to political paralysis at home.
Furthermore, the original deadline for pre-qualified firms to submit their bids for exploration and production was Sep 15.
Additionally, the bid extension, confirmed by Energy and Water Minister, came after a recommendation from the Lebanese Petroleum Administration.
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