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The Financial and Economic Prospects of Lebanon's Oil Wealth
الآفاق المالية والاقتصادية لثروة لبنان النفطية
About the book
The book sheds light on the stages of Lebanon's recent attempts to explore for oil and gas in the waters of its exclusive economic zone, and sets out their main results. It covers oil and gas from both the theoretical and the practical side, so the reader can grasp the subject of oil wealth in all its aspects.
It is an attempt to probe the financial and economic prospects of Lebanon's oil wealth, at a time when some are betting on its expected revenues to solve the country's financial and economic crisis. It is too early to bet on these revenues as long as they are not confirmed and exploration and extraction face many obstacles.
The book concludes that the solution to Lebanon's financial and economic crisis, whatever the size of the oil resources and their expected revenues, lies in managing these resources wisely and investing them in productive sectors that drive the national economy: management that preserves the rights of future generations to their national wealth and achieves the balanced economic growth Lebanon still lacks.
Thesis and signings
- Based on the PhD thesis he defended at the Lebanese University in November 2023.
- Seminar and signing at the National Library in Baakline, April 2025.
- Signing at the Beirut Arab International Book Fair, 23 May 2025.
The author
Dr. Ghazi Mahmoud is a Lebanese economic and energy researcher and a retired brigadier general, with a PhD in economics from the Lebanese University. See his biography and his articles on energy, oil and gas.
How to cite
Mahmoud, Ghazi Salim. The Financial and Economic Prospects of Lebanon's Oil Wealth (الآفاق المالية والاقتصادية لثروة لبنان النفطية). Dar Al-Rafidain. ISBN 978-9-9227213-5-4.