Lebanese PM-designate says aims to bring down energy subsidy in 2019

Reuters

21 December 2018 at 6:51 am

BEIRUT (Reuters) - Lebanese Prime Minister-designate Saad al-Hariri said on Friday the government would try to bring down the subsidy it pays on energy by about $600 million in 2019.

Speaking at a conference in Beirut, he also said a second round of bidding for Lebanese off-shore energy exploration should be open in February or March, adding that BP "is interested and the Americans are interested".

(Reporting by Ellen Francis; Writing by Tom Perry; Editing by Janet Lawrence)

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