Page 8 - MEOG Week 40
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MEOG                                              POLICY                                               MEOG


       Israel and Lebanon begin




       maritime border talks




        EAST MED         NEIGHBOURS Israel and Lebanon this week  potential for exploratory drilling there has been
                         have agreed to enter into discussions regarding  the cause of increased friction between Beirut
                         the demarcation of a maritime border between  and Jerusalem.
                         the two.                               The consortium completed its first Block 4
                           The talks will be mediated by the US and  well in early 2020 but reported that no commer-
                         will be held under the auspices of the United  cial discovery had been made.
                         Nations. While early reports suggested that the   Around 7-9% of Block 9 overlaps with an
                         discussions would extend to onshore demarca-  854-square km triangle of territory disputed
                         tion, Israel did not agree to talks pertaining to  with Israel, and amid uproar from Lebanon’s
                         the land border.                     southern neighbour, Total previously said that it
                           The announcement follows nearly a decade  would seek to drill as far from the offending area
                         of negotiations between the two countries and  as possible.
                         an agreement is hoped to kick-start exploration   On September 1, Speaker of the Lebanese
                         in Lebanon’s Block 9.                Parliament Nabih Berri told Naharnet news
                           According to the Lebanese Oil & Gas Initi-  that the US “intends to exert its utmost efforts
                         ative (LOGI), the Lebanese side of the negotia-  to establish a positive and constructive atmos-
                         tions “will be led by Lebanese army officers and  phere between the two parties … to conclude the
                         leaders”, with meetings to be held at the United  negotiations as soon as possible”. He added: “The
                         Nations Interim Force In Lebanon (UNIFIL)  demarcation will help Lebanon economically”,
                         headquarters beginning on October 14.  noting that Total had “promised to begin explo-
                           In a statement, UNIFIL said that it welcomed  ration operations before the end of the year.”
                         the “announcement of a framework agreement   Middle East Oil & Gas (MEOG) understands
                         to launch negotiations between Lebanon and  from Lebanese sources that a well will be spud-
                         Israel”, adding that it “stands ready to extend  ded 20-30 km from the area of controversy.
                         to the parties all the support at its disposal and   In a June interview with Xinhua, Wissam
                         facilitate efforts towards a resolution of [these]  Chbat, board member at the Lebanese Petro-
                         upcoming negotiations and move forward with  leum Administration (LPA) and head of its
                         Blue Line marking”.                  Geology and Geophysics Unit, said that Total
                           Meanwhile, Israeli Minister of Foreign Affairs  was expected to “complete its drilling of the well
                         Gabi Ashkenazi called the announcement “an  in Block 9 before the end of May 2021.”
                         important step” and thanked US Secretary of   He added that “the lithology Total found in
                         State Mike Pompeo for his involvement in bring-  Block 4 exploration well had carbonated forma-
                         ing about “the beginning of direct talks between  tion which could be a reservoir rock but these
                         Israel and Lebanon on the demarcation of the  types of rocks need to be further evaluated,
                         maritime boundary.”                  since the drilling focused only on sandstone
                           In June, Israel launched a bid round for Block  reservoirs.”
                         72, which lies in the contested area.  According to the LPA, the country’s exclusive
                           Meanwhile, a consortium of Total (40%,  economic zone (EEZ) covers 22,700 square km,
                         operator), Eni (40%) and Russia’s Novatek  with the blocks accounting for 17,506 square
                         (20%) was awarded Blocks 4 and 9 in February  km. As of late 2019, 14,000 km of 2D seismic and
                         2018. The latter lies in the disputed area and the  15,000 square km of 3D seismic had been shot.™

                                                                                                  Source: Interfax























       P8                                       www. NEWSBASE .com                        Week 40   07•October•2020
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