الشرق اللبنانية
Source: الشرق اللبنانية
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At the Türkiye Energy Summit in Istanbul, Walid Fayad said that energy security requires regional cooperation and bold domestic reforms. He noted that adjusting electricity tariffs in Lebanon had reduced energy demand by 40% and cut the fuel oil import bill by around $3 billion a year, while solar power had come to account for about 20% of national consumption. He called for cross-border networks and partnerships involving Türkiye, Syria and Lebanon, with the possibility of expanding them to include Qatar. Türkiye’s Energy Minister Alparslan Bayraktar announced Ankara’s interest in exploring for oil and gas in Lebanese and Syrian waters. He also said Türkiye was studying cooperation with Lebanon on electricity trade, including supplying electricity in coordination with Syria.
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