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لبنان ٢٤
Saadi urges state to clear electric debts
Lebanese Minister of Energy and Water, Jo Cholide, confirmed that Lebanon's Electricity Authority was able to increase the electricity supply to approximately 7 to 9 hours per day in February 2026 without placing financial burdens on the treasury. However, the rise in oil prices following the outbreak of war in March led to doubling the cost of fuel oil shipping and halving the purchased quantities. The minister proposed settling the state's overdue debt to the institution, amounting to around $250 million, by transferring $50 million monthly over a period of 4 to 5 months to cover fuel expenses. He also called for a government commitment to pay the monthly installments starting next week; otherwise, a different stance will be taken to ensure the continuity of electricity supply. Additionally, he emphasized the need to compensate the treasury for free fees granted to residents of the south and called for decisive government support to ensure the ongoing provision of electricity in the country.
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