Caretaker Energy Minister Gebran Bassil, right, speaks with the General Manager of NEOS Geo MENA, Frank Jreij in Beirut, Friday, Jan. 10, 2014. (The Daily Star/Dalati Nohra, HO)
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A United States firm will conduct an airborne survey of Lebanon to determine if the country has potential onshore oil and gas wealth, the Energy Ministry announced Friday.The new airborne survey comes just few days after Bassil postponed the offshore gas auction from Jan. 10 till April 10 due to the failure of the caretaker Cabinet to pass two important decrees pertaining to the number of blocks that will be auctioned off and the revenue sharing mechanism.Bassil said many international firms had expressed interest in conducting onshore oil surveys in Lebanon. He said the Energy Ministry was preparing a new draft law on onshore oil. It is still not clear if the Free Patriotic Movement, which Bassil belongs to, will be willing to give up the post of the Energy Ministry to March 14 .
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