The Energy Transition in Lebanon

Lebanon is at a critical juncture in its energy transition, balancing its reliance on petroleum and natural gas with an increasing focus on diversifying its energy mix. Offshore gas reserves, a key asset in Lebanon’s energy strategy, are central to addressing its energy deficit. The country also grapples with significant geopolitical tensions and economic challenges that hinder the development of its energy infrastructure. Lebanon's energy policy is influenced by both the regional competition for resources and the ongoing need to improve sustainability through the integration of renewables and the responsible extraction of critical minerals. As Lebanon continues to develop its offshore gas resources, it is also focusing on critical minerals like phosphorus, sulfur, copper, and zinc, which play important roles in agriculture, manufacturing, and energy technologies. Additionally, Lebanon is making efforts to align its policies with ESG principles to address the pressing need for sustainability and environmental responsibility in its mining and energy sectors. While Lebanon’s energy transition faces significant challenges, it remains committed to strengthening regional energy cooperation and leveraging its resources for a diversified energy future.