1 Day
Source:
التيار الوطني الحر
Fawzi Mushlab on Power Plant Fires
Fawzi Meshleb discusses the Lebanese Ministry of Energy's shortcomings and highlights that the Zouk and Jiyé power plants are operating at a capacity of 220 MW despite the suspension of the operation contract, even though their operating costs are lower compared to importing gas oil. In June, the price per ton of fuel oil was $585, and today it has decreased to $550, a reduction of about 6%. Meanwhile, the price per ton of gas oil has increased from $1,079 to $1,410, an increase of over 30%. As a result, Electricité du Liban (Electricity Lebanon) is incurring monthly losses exceeding $15 million, and these losses threaten the national economy and citizens with tens of millions of dollars due to the continued operation of the plants without a valid contract and at high costs.
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