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QatarEnergy takes a 30% stake in offshore gas blocks in Lebanon

QatarEnergy takes a 30% stake in offshore gas blocks in Lebanon

Eni and TotalEnergies have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.

With this transfer, Eni will hold a 35% interest, QatarEnergy will hold 30%, and TotalEnergies will hold the remaining 35%.

The operation strengthens the strategic cooperation with QatarEnergy, a partner in Qatar, Oman, Mexico, Morocco, and Mozambique, and confirms the interest in the exploratory basins in the Eastern Mediterranean.

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