Jaafari: FPM Last to Speak on Electricity

The article discusses the ongoing crisis in Lebanon's electricity sector, which is primarily due to policies and accumulated issues over previous years. Sami Gemayel, leader of the Lebanese Forces Party, emphasized that the crisis is not caused by the current government's failure but results from the infrastructure inherited by Lebanon—same as during Gebran Bassil's time—and that what is currently happening is a good management of the old infrastructure without any new financial investment from the state treasury. He explained that the real solution lies in involving the private sector by opening the door for investment through the creation of a new regulatory authority and tender specifications, which he considers the beginning of the end of the crisis. He also pointed out that many investment opportunities and collaborations with international companies were previously available but not utilized due to unfavorable financial and sovereign conditions, especially after Lebanon entered bankruptcy. Additionally, he highlighted administrative obstacles within the government, particularly the reluctance of agencies to pay dues, which weakens Lebanon's Electricity Company’s ability to operate effectively, warning that if this situation persists, it could hinder the supply of fuel necessary for operational runs. In conclusion, Gemayel stressed that the solution requires private sector investments and administrative reforms, with ongoing efforts to overcome these obstacles, aiming to rebuild the electricity sector in a fundamentally different way from the past.

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