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التيار الوطني الحر
Source: التيار الوطني الحر
20 Hrsالتيار الوطني الحر
Source: التيار الوطني الحر
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An increase in Lebanon’s electricity tariff is expected under a Qatari project to build and operate gas-fired power plants. The International Finance Corporation is developing a new tariff structure that would be higher than the current one. It would cover investment costs and financing charges, as well as operating costs, gas, maintenance, and profit margins—even though switching to gas is expected to cut the cost of generating electricity to about one-third of the cost of using diesel and fuel oil. The details of the arrangement and its guarantees have yet to be finalized: the Qatari company has requested guarantees worth $1 billion, while discussions are under way about Qatar providing support for payments.
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