LBCI

Energy Ministry says no sustainability in implementing electricity plan without importing fuel

18-08-2023 | 10:09

Share

Share

Energy Ministry says no sustainability in implementing electricity plan without importing fuel

2^min

The Ministry of Energy and Water affirmed on Friday that there is no sustainability in implementing the electricity plan and increasing the power supply without importing fuel, including Iraqi fuel.

The Ministry said the funds for the fuel shipment are allocated as part of the $300 million amount, as per the government's decision published in the official gazette last January. Only $193 million has been utilized so far, leaving $107 million.

Moreover, it added that the most recent letter of credit for the fuel shipment is worth $58 million (not $80 million as previously stated). The Minister of Finance has approved this letter of credit and requests the Central Bank of Lebanon to execute it.

The Ministry then urged anyone with questions to address the relevant authorities, namely the government, the Ministry of Finance, and the Central Bank.

"Any other statements are misleading to the public and are far from the truth, bordering on bias towards banks and private generators," it mentioned.

Breaking Headlines

Lebanon News

Energy Ministry

Water

Energy

Electricity

Plan

Fuel

Import

Lebanon

Next

Israeli army claims it killed Hezbollah member in Nabatieh — spokesperson

Recommended For You

German Defense Ministry signs support agreements with Lebanese Army

10:52

German Defense Ministry signs support agreements with Lebanese Army

Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say

Lebanon Economy

08:24

Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say

Sources tell LBCI: Diplomats focus on Lebanese army’s weapons control plan during Southern Litani briefing

07:56

Sources tell LBCI: Diplomats focus on Lebanese army’s weapons control plan during Southern Litani briefing

Lebanese Army organizes guided tour south of Litani River

07:14

Lebanese Army organizes guided tour south of Litani River

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanon's financial fix: Could a deposit write-off reshape the economy?

News Bulletin Reports

2025-12-12

Lebanon's financial fix: Could a deposit write-off reshape the economy?

Two killed, two injured in Israeli drone strike on vehicle in Toul, South Lebanon

2025-10-24

Two killed, two injured in Israeli drone strike on vehicle in Toul, South Lebanon

Lebanese Army says inspection averted Israeli threat to strike southern town of Yanouh

2025-12-14

Lebanese Army says inspection averted Israeli threat to strike southern town of Yanouh

Security calculations: Australia incident pushes Lebanon and Syria down Israel's agenda

News Bulletin Reports

12:50

Security calculations: Australia incident pushes Lebanon and Syria down Israel's agenda

Videos

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

2025-12-02

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

2025-12-02

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

2025-12-02

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

2025-12-02

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

2025-12-01

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

Pope Leo XIV moved by youth turnout in Bkerke: Video

2025-12-01

Pope Leo XIV moved by youth turnout in Bkerke: Video

Pope Leo leaves for Istanbul—Video

Middle East News

2025-11-27

Pope Leo leaves for Istanbul—Video

Pope Leo arrives at Turkey's Presidential Palace—Video

Middle East News

2025-11-27

Pope Leo arrives at Turkey's Presidential Palace—Video

Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video

Middle East News

2025-11-27

Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video

Most read

24 hours

7 days

Month

Security calculations: Australia incident pushes Lebanon and Syria down Israel's agenda

1

Security calculations: Australia incident pushes Lebanon and Syria down Israel's agenda

Israeli military halts planned strike in South Lebanon after army inspection

2

Israeli military halts planned strike in South Lebanon after army inspection

Lebanon minister says 380,000 Syrian refugees have returned home under safe return plan

3

Lebanon minister says 380,000 Syrian refugees have returned home under safe return plan

Australia’s grand mufti to LBCI: Bondi Beach attack undermines social cohesion, praises Ahmad al-Ahmad’s heroism

4

Australia’s grand mufti to LBCI: Bondi Beach attack undermines social cohesion, praises Ahmad al-Ahmad’s heroism

Sources tell LBCI: Diplomats focus on Lebanese army’s weapons control plan during Southern Litani briefing

5

Sources tell LBCI: Diplomats focus on Lebanese army’s weapons control plan during Southern Litani briefing

Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say

6

Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say

Lebanese Army organizes guided tour south of Litani River

7

Lebanese Army organizes guided tour south of Litani River

Father and son gunmen kill 15 at Jewish festival on Australia's Bondi Beach

8

Father and son gunmen kill 15 at Jewish festival on Australia's Bondi Beach

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More