Anonymous Unveils Lebanon's Net Proceeds from Oil ExtractionBookmark this
The Anonymous group released a new video addressing the Lebanese people, revealing the untold details pertaining to the much-anticipated oil and gas exploration in the country.
"Two years ago, billboards across Lebanon declared that the country has oil. The announcement was supposed to bring a magical solution for many of Lebanon's ills, including chronic public debt, power shortage and poor public services," the video mentions.
"Back then, the prospect of major oil discoveries off the Mediterranean coast ushered in a dream of a prosperous future. But today, it seems that the Lebanese were the victims of false advertising," it added.
The video uncovered "some information that most of you, Lebanese, don't know or your government doesn't want you to know."
First, Lebanon's net proceeds from gas extraction could easily exceed $600 billion, which is more than enough to contain public debt and stimulate the economy.
Second, Lebanon has 96 trillion cubic feet of gas reserves and 865 million barrels of oil reserves.
Third, a cyber attack on the Britain-based company Spectrum database has indicated that Lebanon's gas reserves just in the south is 25 trillion cubic feet, which Israel already started extracting it.
Four, the promise of future revenues of oil and gas extraction comes as Lebanon continues to struggle economically due to the regional turmoil and political paralysis.
"Citizens of Lebanon, the time has come to ask your ministers why are they delaying the extraction of oil," the group stressed.