Lebanese Petroleum AdministrationThe LPA was established on the 4th of December 2012 by Decree number 7968. The LPA is an autonomous public institution mandated to plan, supervise and manage the upstream petroleum sector in Lebanon’s offshore across the petroleum activities’ value chain as described in the OPRL and its application decrees.
The LPA Board is composed of six members heading different departments and appointed for a six-year period. Each Board Member assumes the Presidency of the LPA on a rotational basis for a period of one year. After six years, the mandate of the Board Members is subject to one renewable, based on the Minister of Energy and Water’s proposal and a Cabinet’s decree.
The Board of Directors collectively assumes the tasks and powers stipulated in the Offshore Petroleum Resources Law (OPRL) and the LPA decree.
In preparation for the licensing process, the LPA drafts the legislative framework, supports the decision making process through the preparation of strategies and technical studies, and promotes the Lebanese petroleum potential through roadshows, workshops and the participation in local and international conferences.
The LPA undertakes all necessary preparations related to licensing rounds, including communicating with companies, managing the prequalification process, evaluating the offers, and providing recommendation to the Minister of Energy and Water regarding the award of blocks.
