Sami Atallah is Director of the Lebanese Center for Policy Studies (LCPS) in Beirut, Lebanon. His research interests focus on the political economy of development, the role of national institutions, and local governance. He holds two master's degrees in international and development economics from Yale University and in quantitative methods from Columbia University. Bassam Fattouh is Director of the Oxford Institute for Energy Studies, UK. He is also a senior fellow at the Lebanese Center for Policy Studies (LCPS) in Beirut and Professor at the School of Oriental and African Studies (SOAS), University of London. He holds a PhD in economics from SOAS, University of London.

This is a remarkable collection of essays written by some of the best and most prestigious specialists in the field. Some of the chapters offer an extremely valuable overview of topics of general interest.

• Introduction and Acknowledgements Size of the Reserves1.Estimating the Size of the Levantine East Mediterranean Hydrocarbon BasinAta Richard Elias, American University of Beirut (AUB), LebanonGovernance of the Sector2.Carving Out a Role for Parliament in the Lebanese Oil and Gas SectorSami Atallah and Nancy Ezzeddine, Lebanese Center for Policy Studies (LCPS), Lebanon 3.Spoils of Oil? Assessing and Mitigating the Risks of Corruption in Lebanon's Emerging Offshore Petroleum SectorReinoud Leenders, King's College London, UK 4.Establishing a National Oil Company in LebanonValérie Marcel, Chatham House, UKManagement and Licensing5.Licensing and Upstream Petroleum Fiscal Regimes: Assessing Lebanon's ChoicesCarole Nakhle, Crystol Energy, UK 6.Lebanon's Gas Trading OptionsBassam Fattouh and Laura El-Katiri, Oxford Institute for Energy Studies, UK 7.Managing Oil and Gas Revenues in LebanonBassam Fattouh and Lavan Mahadeva, Oxford Institute for Energy Studies, UK 8.The Case for a Sovereign Development Fund in LebanonSami Atallah, LCPS, Lebanon, Adeel Malik, University of Oxford, UK, and Alexandra Tohme, LCPS, Lebanon Impact and Implications9.Macroeconomic Implications of Windfall Oil and Gas Revenues in LebanonJad Chaaban, AUB, Lebanon, and Jana Harb, LCPS, Lebanon10. How Will Oil Affect Lebanon's Export Opportunities?Zeina Hasna, LCPS, Lebanon 11. Strengthening Environmental Governance of the Oil and Gas Sector in LebanonRicardo Khoury and Dima Alhaj, Earth Link and Advanced Resources Development, Lebanon Public Input 12. What Do Citizens Want from Oil and Gas Revenues? Sami Atallah, LCPS, Lebanon, Daniel Garrote Sanchez, LCPS, Lebanon, Zeina Hawa, LCPS, Lebanon, Leslie Marshall, University of Pittsburgh, USA and Laura Paler, University of Pittsburgh, USA

Sami Atallah is Director of the Lebanese Center for Policy Studies (LCPS) in Beirut, Lebanon. His research interests focus on the political economy of development, the role of national institutions, and local governance. He holds two master's degrees in international and development economics from Yale University and in quantitative methods from Columbia University. Bassam Fattouh is Director of the Oxford Institute for Energy Studies, UK. He is also a senior fellow at the Lebanese Center for Policy Studies (LCPS) in Beirut and Professor at the School of Oriental and African Studies (SOAS), University of London. He holds a PhD in economics from SOAS, University of London.

This is a remarkable collection of essays written by some of the best and most prestigious specialists in the field. Some of the chapters offer an extremely valuable overview of topics of general interest.

• Introduction and Acknowledgements Size of the Reserves1.Estimating the Size of the Levantine East Mediterranean Hydrocarbon BasinAta Richard Elias, American University of Beirut (AUB), LebanonGovernance of the Sector2.Carving Out a Role for Parliament in the Lebanese Oil and Gas SectorSami Atallah and Nancy Ezzeddine, Lebanese Center for Policy Studies (LCPS), Lebanon 3.Spoils of Oil? Assessing and Mitigating the Risks of Corruption in Lebanon's Emerging Offshore Petroleum SectorReinoud Leenders, King's College London, UK 4.Establishing a National Oil Company in LebanonValérie Marcel, Chatham House, UKManagement and Licensing5.Licensing and Upstream Petroleum Fiscal Regimes: Assessing Lebanon's ChoicesCarole Nakhle, Crystol Energy, UK 6.Lebanon's Gas Trading OptionsBassam Fattouh and Laura El-Katiri, Oxford Institute for Energy Studies, UK 7.Managing Oil and Gas Revenues in LebanonBassam Fattouh and Lavan Mahadeva, Oxford Institute for Energy Studies, UK 8.The Case for a Sovereign Development Fund in LebanonSami Atallah, LCPS, Lebanon, Adeel Malik, University of Oxford, UK, and Alexandra Tohme, LCPS, Lebanon Impact and Implications9.Macroeconomic Implications of Windfall Oil and Gas Revenues in LebanonJad Chaaban, AUB, Lebanon, and Jana Harb, LCPS, Lebanon10. How Will Oil Affect Lebanon's Export Opportunities?Zeina Hasna, LCPS, Lebanon 11. Strengthening Environmental Governance of the Oil and Gas Sector in LebanonRicardo Khoury and Dima Alhaj, Earth Link and Advanced Resources Development, Lebanon Public Input 12. What Do Citizens Want from Oil and Gas Revenues? Sami Atallah, LCPS, Lebanon, Daniel Garrote Sanchez, LCPS, Lebanon, Zeina Hawa, LCPS, Lebanon, Leslie Marshall, University of Pittsburgh, USA and Laura Paler, University of Pittsburgh, USA

Sami Atallah is Director of the Lebanese Center for Policy Studies (LCPS) in Beirut, Lebanon. His research interests focus on the political economy of development, the role of national institutions, and local governance. He holds two master's degrees in international and development economics from Yale University and in quantitative methods from Columbia University. Bassam Fattouh is Director of the Oxford Institute for Energy Studies, UK. He is also a senior fellow at the Lebanese Center for Policy Studies (LCPS) in Beirut and Professor at the School of Oriental and African Studies (SOAS), University of London. He holds a PhD in economics from SOAS, University of London.

This is a remarkable collection of essays written by some of the best and most prestigious specialists in the field. Some of the chapters offer an extremely valuable overview of topics of general interest.

• Introduction and Acknowledgements Size of the Reserves1.Estimating the Size of the Levantine East Mediterranean Hydrocarbon BasinAta Richard Elias, American University of Beirut (AUB), LebanonGovernance of the Sector2.Carving Out a Role for Parliament in the Lebanese Oil and Gas SectorSami Atallah and Nancy Ezzeddine, Lebanese Center for Policy Studies (LCPS), Lebanon 3.Spoils of Oil? Assessing and Mitigating the Risks of Corruption in Lebanon's Emerging Offshore Petroleum SectorReinoud Leenders, King's College London, UK 4.Establishing a National Oil Company in LebanonValérie Marcel, Chatham House, UKManagement and Licensing5.Licensing and Upstream Petroleum Fiscal Regimes: Assessing Lebanon's ChoicesCarole Nakhle, Crystol Energy, UK 6.Lebanon's Gas Trading OptionsBassam Fattouh and Laura El-Katiri, Oxford Institute for Energy Studies, UK 7.Managing Oil and Gas Revenues in LebanonBassam Fattouh and Lavan Mahadeva, Oxford Institute for Energy Studies, UK 8.The Case for a Sovereign Development Fund in LebanonSami Atallah, LCPS, Lebanon, Adeel Malik, University of Oxford, UK, and Alexandra Tohme, LCPS, Lebanon Impact and Implications9.Macroeconomic Implications of Windfall Oil and Gas Revenues in LebanonJad Chaaban, AUB, Lebanon, and Jana Harb, LCPS, Lebanon10. How Will Oil Affect Lebanon's Export Opportunities?Zeina Hasna, LCPS, Lebanon 11. Strengthening Environmental Governance of the Oil and Gas Sector in LebanonRicardo Khoury and Dima Alhaj, Earth Link and Advanced Resources Development, Lebanon Public Input 12. What Do Citizens Want from Oil and Gas Revenues? Sami Atallah, LCPS, Lebanon, Daniel Garrote Sanchez, LCPS, Lebanon, Zeina Hawa, LCPS, Lebanon, Leslie Marshall, University of Pittsburgh, USA and Laura Paler, University of Pittsburgh, USA