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The Offshore Petroleum Resources Law

The Offshore Petroleum Resources Law (OPRL) – Law 132 24/8/2010 - applies to petroleum activities within territorial waters and waters of the Exclusive Economic Zone (EEZ) in connection with Hydrocarbons subject to Republic of Lebanon jurisdiction. The OPRL regulates reconnaissance, exclusive petroleum rights and the exploration and production agreement between the Lebanese State and the right holders. According to this law the Lebanese Sate reserves the right to carry out or participate in petroleum activities. The proceeds arising out of petroleum activities shall be placed in a sovereign fund. PDF in English - PDF in Arabic

The Petroleum Activities Regulations

The Petroleum Activities Regulations (PAR) present the applications decrees for the Offshore Petroleum Resources Law (OPRL) that covers several rules stipulated in the Law. The PAR provides the regulations pursuant to conducting petroleum activities including: the legal representation of the right holder, the management system, the general duties of the operator and the right holder, the strategic environmental assessment, the exploration and production rights, the petroleum production and transportation, the cessation of petroleum activities and decommissioning, and other activities. PDF in English - PDF in Arabic

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