Lebanese Electricity Confirms Fuel Stocks

Lebanese Electric Power Institution has announced that its stock of fuel oil is sufficient for about nine days, despite rumors suggesting it has deteriorated to only four days. It clarified that the current stock allows for the production of approximately 450 MW, providing 3 to 4 hours of daily power supply across all Lebanese territories, while prioritizing vital facilities. The institution also confirmed that a new shipment of around 33,000 metric tons of fuel oil is currently being loaded and is expected to be delivered in the coming days. Additionally, it is taking precautionary measures to address the rise in fuel prices resulting from the regional crisis, particularly in the Strait of Hormuz. The institution is examining alternative options to ensure the continuity of the electricity supply and is in contact with relevant authorities to update the public on any developments.

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