President Michel Sleiman speaks during the Lebanese Excellency Awards ceremony in Baabda on Tuesday March 11, 2014. (The Daily Star/Mohammad Azakir)
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President Michel Sleiman said Tuesday that he preferred to auction just one of the 10 gas blocks off the Lebanese coast instead of tendering all 10 blocks initially.Sleiman's statements seem to be in line with the position of former Energy and Water Minister Gebran Bassil, who favors an initial offering of only five blocks with one being selected by the firms for auction.The president warned against exploiting the issue of oil and gas exploration ahead of the presidential election a clear allusion to Bassil.
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