Energy source cites lack of financial guarantees hindering investments

The lack of financial guarantees from Lebanon has become an obstacle to implementing projects for establishing new power generation stations or increasing supply hours, despite the interest of many investors. A source in the Ministry of Energy explained that investors require financial and security guarantees, especially since the cost of building a station worth one billion dollars demands guarantees from international funding institutions. However, Lebanon's current financial and security situation prevents providing such guarantees. The main reason for this obstacle is the ongoing war in Lebanon since 2023 and the difficulty in securing security guarantees in a country suffering from deep security and economic crises.

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