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Qatar-Lebanon Power Talks
Negotiations between Qatar and Lebanon on an integrated electricity project are progressing. The fifth round was held in Beirut, with discussions focused on setting tariffs and prices. According to Prime Minister Nawaf Salam, the Qatari side will finance, implement and operate the project without any upfront cost to the Lebanese treasury. The plan includes a 20-year contract to import liquefied natural gas, a mix of gas, solar and wind power, and a solar plant with a capacity of 100 to 150 megawatts. The project comes amid a severe electricity crisis. Lebanon has spent around $25 billion on fuel for electricity over the past 15 years—a figure that rises to $35 billion when interest is included.
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