Investors in oil & gas exploration and production activities are subject to local content requirements discriminating against established foreign-owned enterprises.
"Art 27. Procurement and supply bases [...]
a) in selecting Contractors for the provision of services in relation to Petroleum Activities, the Operator shall select, when possible, individuals who are Lebanese or Entities which are majority-owned or controlled by Lebanese nationals and that provide such services through permanent establishments in Lebanon, provided that: (i) the Operator, in its judgment acting reasonably, is satisfied (on the basis of demonstrated ability, experience, quality, timely performance, workmanship and other relevant criteria) with their ability to properly perform the work entrusted to them; (ii) the costs of such services does not exceed one hundred and ten per cent (110%) of the lowest acceptable cost of equivalent or similar services offered by or otherwise available from foreign individuals or Entities that are not majority-owned or controlled by Lebanese nationals [...]
b) in purchasing goods, the Operator shall give preference to goods which originate from Lebanon, or are manufactured or constructed in Lebanon, in each case by Entities that are majority-owned or controlled by Lebanese nationals, provided that: (i) the Operator is reasonably satisfied  [...]" (Decree no. 4918/2019: Amending Some Articles and the Annexes of Decree 43/2017)
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"Article 67: Local content : 1- A Right Holder as well as its subcontractors shall give priority to Lebanese persons in the award of contracts for construction of a Facility and the supply of material, goods and services related to Petroleum Activities when terms and conditions offered by Lebanese suppliers are equal to their competitors. 
2-  A Right Holder as well as its subcontractors shall employ qualified personnel of Lebanese nationality whenever available. Right Holder shall also organise and fund the training of Lebanese personnel associated with Petroleum Activities.  [...]" (Law no. 132/2010: Offshore Petroleum Resources Law)
Decree no. 4918/2019: Amending Some Articles and the Annexes of Decree 43/2017
Law no. 132/2010: Offshore Petroleum Resources Law
[<a href="https://www.lpa.gov.lb/Library/Assets/Gallery/asdasdas/Decrees/%D8%AA%D8%B9%D8%AF%D9%8A%D9%84%20%D8%A8%D8%B9%D8%B6%20%D9%85%D9%88%D8%A7%D8%AF%20%D9%88%D9%85%D9%84%D8%AD%D9%82%D9%8A%20%D8%A7%D9%84%D9%85%D8%B1%D8%B3%D9%88%D9%85%2043-2017%20-%20%D9%85%D8%B1%D8%B3%D9%88%D9%85%204918-2019.pdf">Decree</a>],[<a href="https://www.lpa.gov.lb/Library/Assets/Gallery/asdasdas/Laws/OPRL%20-%20English.pdf">Law</a>]