The country’s domestic gas output plummeted to a six-year low in May, down around 25 per cent from its 2021 peak
Following the acquisition, Eni holds a 60 per cent stake of Block 7, SNOC 30 per cent and RAK Gas 10 per cent
The partnership marks QatarEnergy’s first exploration endeavour in Lebanon
According to ADNOC, the discovery from a new deeper reservoir indicates between 1–1.5 trillion standard cubic feet of raw gas
Production begins a year after the discovery of gas in the field, touted as the first new onshore find in Sharjah in nearly four decades