The RHU College of Business Administration hosted Lebanese Petroleum Administration’s Chairman, Mr. Walid Nasr, last week to present and discuss the developments of Lebanon’s Oil and Gas Sector, as part of the College’s Monthly Guest Speaker Series.
Chairman Nasr advised caution about the various oil and gas estimates coming out from here or there, because they are all based on assumptions of yet unknown aspects. “Good prospects for revenues and jobs creation exist, but we do not know their extent yet,” he said. The speaker also detailed the milestones achieved so far in the sector, and indicated that the LPA is currently preparing for the second round of licensing, coming up next year.
Following the presentation, the College invited Mr. Nasr to a reception, during which a lively discussion took place with the students.