The recent result of a seismic survey conducted by Spectrum a British company in Lebanese territorial waters indicated that there are thirty-one sites containing oil reservoirs "

The government of Lebanon is launching tenders for oil and gas exploration, drilling , and all related services, and is all set to welcome foreign oil companies and Investors.

LOGEC 2012 , offers the International, Regional and Local business community a strategic launch-pad to access the vibrant Lebanon Market. The Event would serve as a comprehensive Investment opportunity and a showcase of the latest in technology, equipment and machinery as well as allied services. It is a unique networking platform providing overseas and Local investors with a definite outlook of the Oil, Gas, Energy sector ,and an opportunity to meet their prospective local counterparts and business partners.

The recent result of a seismic survey conducted by Spectrum a British company in Lebanese territorial waters  indicated that there are thirty-one sites containing oil reservoirs.

The government is very optimistic about this potential finding and all set to welcome foreign oil companies.