Energy and Water Minister Arthur Nazarian speaks during an interview in Beirut, Monday, April 7, 2014. (The Daily Star/Mohammad Azakir)
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Energy and Water Minister Arthur Nazarian denied a political dispute between rivals over the importance of reactivating Lebanon's oil and gas exploration.Nazarian had warned previously that international oil companies could lose interest in bidding for oil and gas exploration in Lebanon if the government fails to speed up licensing procedures.The minister said that reactivating the oil exploration file will kickstart with the first meeting of a ministerial committee headed by Salam to discuss two decrees that would pave the way for the first licensing round for offshore gas exploration in Lebanon's exclusive economic zone and then propose them before the Cabinet.
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