Lebanon's President Michel Aoun launches the oil exploration vessel in Block No. 4., north of Beirut, Lebanon February 27, 2020. Dalati Nohra/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY

As Lebanon deals with an institutional breakdown, a silver lining emerges on the energy front, driven by necessity.

In the midst of Lebanon’s most devastating economic crisis in recent history, the arrival of a drilling rig off its coastline last week ignited a glimmer of hope of the possibility in a country long accustomed to navigating tumultuous waters. reports AlArabia English News service

For years, Lebanon has harbored dreams of tapping into its offshore oil and gas reserves, fueled by regional dynamics and a desire to diversify a chronically fragile economy.


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