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An offshore natural gas production platform is seen from Dor, a coastal town in northern Israel, on Dec. 31, 2019. JACK GUEZ/AFP via Getty Images

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Last month, we visited a Hezbollah tunnel on the Israeli-Lebanese border as part of a bipartisan group of Middle East experts. Dug almost a football field deep—with twisting staircases, advanced lighting, and oxygen cables—the tunnel’s sole purpose was to deliver Hezbollah terrorists from the Lebanese side of the border deep into Israeli territory. Equally menacing was the sight of active Hezbollah outposts less than 100 yards from the discovered tunnel, where the organization conducts intelligence and stores rockets ready to strike deep into Israel in the event of a conflict. The visit underscored that the Israeli-Lebanese border remains at a boil, and developments over the last few months have pushed the two sides closer to conflict than at any time since the 2006 Israel-Hezbollah war.…  Seguir leyendo »

An oil tanker on the outskirts of Beirut. Photo: Getty Images.

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‘Congratulations to the Lebanese people (…) on Lebanon entering the club of oil countries,’ tweeted the country’s energy minister, Cesar Khalil, after Lebanon’s first petroleum licensing round finally took place last fall. On 14 December 2017, the Lebanese government approved the bid by a consortium of three companies – France’s Total, Italy’s Eni and Russia’s Novatek – for two offshore blocks, after process had been held up for three years while political parties were in deadlock over the nomination of the president and the approval of key legislation.

Political expectations are high that discoveries will be made and the legislature is reviewing draft bills establishing a sovereign wealth fund and a national oil company.…  Seguir leyendo »