Lebanon delays oil and gas tender again | Middle East Strategic Perspectives
▻http://www.mestrategicperspectives.com/2014/01/08/lebanon-delays-oil-and-gas-tender-again
It seems Bassil is running out of cards to push for holding the tender. Invoking potential Israeli threats (July 2013), drafting petitions (October 2013) and threatening to proceed with the tender even without the two decrees (Nov-Dec 2013, January 2014), all proved to be unsuccessful. The political class called his bluff. Ensuring a say or a share in the sector remains the single most important driving force behind local leaders’ position on the subject: those who are currently in a position to affect the sector are in favor of proceeding with the tender. Those who believe they may have more influence in a future government are pressuring for delaying the tender.