Energy Ministry addresses tariff increase

The Lebanese Ministry of Energy and Water explained that the costs of electricity production are increasing due to rising fuel prices as a result of the war in the region. Meanwhile, revenue from collections is declining in some areas, leading to losses for the Lebanese Electric Corporation. It was emphasized that the solution is to adjust the electricity price per kilowatt to align with global oil prices; however, the government rejected this approach due to the difficult living conditions. Instead, focus has been placed on paying the dues owed to the institution, which exceed $268 million. Prime Minister Naim El-Nasr issued instructions to settle these outstanding payments to ensure the continuous purchase of fuel until autumn, when the global oil market situation will become clearer.

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