Lebanon’s gas fields, a gift or curse ?
Sami Atallah (Lebanese Center for Policy Studies)
The prospect that Lebanon may one day exploit gas reserves off its coast has triggered high hopes for the country’s economic outlook. Some analysts have predicted that gas will reduce the country’s energy bill, pay off the public debt, and will precipitate regional development. But in reality, gas is not a means to any of these ends. On the contrary, it has the potential to greatly undermine Lebanon’s economic and political system should gas revenues be mismanaged.
Autrement dit, le gaz naturel, promesse d’une plus grande corruption ?