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التيار الوطني الحر
Source: التيار الوطني الحر
17 Hrsالتيار الوطني الحر
Source: التيار الوطني الحر
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Electricity tariffs in Lebanon are set to rise under a Qatari proposal to build and operate gas-fired power plants. The International Finance Corporation is working on a cost structure covering investment, financing and operating costs, as well as profit margins—even though using gas is expected to bring generation costs down to roughly one-third of those for diesel and fuel oil. The project is being proposed on a build-operate-transfer basis and could run for more than 20 years, but details of the business model and the final tariff have yet to be clarified. The Qatari company has requested guarantees worth $1 billion, and discussions are under way on whether Qatar could provide a guarantee or other support, possibly through the price of gas.
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