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2026-07-28T23:17:54.000Z

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Government reverts to Iraqi fuel deal

Government reverts to Iraqi fuel deal

The article has been addressed; it discusses the ongoing issue of the Iraqi fuel oil contract in Lebanon and the financial and technical problems resulting from the halt in electricity supply through this contract. The article clarifies that the Lebanese government requested to renew the contract too late and that there is ambiguity regarding the quantities and payment terms. It also highlights increasing confusion in managing the energy sector due to the lack of a clear vision and the accumulation of debts caused by rising fuel oil prices, which weakens the cycle of financing between production and collection. In summary, the crisis calls for the development of a clear and comprehensive plan to manage the import of fuel oil and electricity; any halt or weak implementation only worsens the suffering of the electrical sector.

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