Lebanon sets in motion plans to create SWF

Gas pipeline

Lebanon is one step closer to setting up a sovereign wealth fund (SWF), after the Lebanese parliament gave the go-ahead to explore for gas in the Mediterranean Sea on Tuesday.

Reuters, a news agency, reported Ali Hassan Khalil, an aide to Lebanon's parliamentary speaker, Nabih Berri, on Tuesday as saying a SWF would be created under the auspices of the energy ministry to manage and invest potential energy revenues after it passed a law allowing exploration of gas in the Mediterranean Sea. Khalil

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: