Offshore petroleum rights and activities from reconnaissance through decommissioning.
Why it matters
It anchors the upstream petroleum regime alongside later tax and transparency legislation.
Core provisions
The operative ideas to understand before reading the full text.
- 01
Establishes a production-sharing regime combined with royalties.
- 02
Provides for competitive bidding and petroleum rights granted through exploration and production agreements.
- 03
Addresses petroleum revenues, state participation, and health, safety and environmental obligations.
Engineering lens
- Requires approved work programmes, resource management, HSE and decommissioning.
- Technical duties are detailed through the Petroleum Activities Regulations and EPA.
Economic and investment lens
- Uses production sharing plus royalties and state revenue arrangements.
- Commercial terms depend on the EPA, tax law, cost recovery and bid outcomes.
From text to operation
Implementation gates
These conditions must be evidenced before treating the instrument as operational for a project, tariff or market transaction.
- 1Valid petroleum right and EPA
- 2Phase-specific approvals and work commitments
- 3Fiscal, HSE, environmental and reporting compliance
Documented relationships
- This instrument paired upstream fiscal regime Petroleum Tax Law
- Linked instrument adds disclosure duties Transparency Law
- This instrument establishes the administration implemented by LPA Decree
- Linked instrument supplies detailed implementing rules for PAR
- Linked instrument registers rights created under Petroleum Register
Primary sources
- Legislative Framework Lebanese Petroleum Administration · Publication date not stated · English · Accessed 16 August 2026Official consolidated overview; page has no stated publication date.
- Petroleum Register - legal framework and public records Lebanese Petroleum Administration · Publication date not stated · Arabic · Accessed 16 August 2026Official register created under Law 132/2010 and regulated by Decree 9471/2022.