LBCI

Lebanon continues to pay delay fines as political disputes over electricity persist

News Bulletin Reports

11-01-2023 | 10:38

Share

Share

Lebanon continues to pay delay fines as political disputes over electricity persist

2^min

Due to the failure to unload four ships loaded with gas and fuel oil for the benefit of Electricite Du Liban (EDL), there will be a fine of $800,000 for delay. For each additional day of delay, the penalty for each ship increases by $18,000.

Caretaker Minister of Energy Walid Fayyad stated this to the Parliamentary Public Works, Transport, Energy, And Water Committee, which has no choice but to speak up.

However, the committee's discussions on this matter demonstrated that political disputes are what causes the Lebanese to go without electricity and to squander more money.

The committee's discussions on how to pay for these fuel ships have not resulted in any progress. The minister of energy continues to insist on enforcing the exceptional approval decision. In contrast, the finance minister insists on deciding the financing matter in the Cabinet.

In the committee, there were sharp discussions between Caretaker Minister Fayyad and several MPs, especially MP Ziyad Hawat. These discussions stayed within the political context.

Some backed Fayyad and absolved him of the duty of bringing in the ships, those who blamed him directly from squandering of funds, and those who emphasized that the solution is primarily political.

In conclusion, Lebanon will continue to accrue delay fines unless the financing is finished. Caretaker Minister of Energy has a solution that is based on encouraging the Lebanese to resort to the streets to pressure for securing the funding, noting that when this occurs, he can negotiate with Vitol company for a discount related to the value of the delay fines.

Breaking Headlines

Lebanon News

News Bulletin Reports

Lebanon

Electricity

Next

2025 in Lebanon: LBCI reflects on a year of challenges, coverage, and coexistence

Recommended For You

Who will fill the gap after UNIFIL? Lebanon and Israel remain divided

News Bulletin Reports

13:00

Who will fill the gap after UNIFIL? Lebanon and Israel remain divided

Without headscarves, women take part in Tehran race despite warnings

News Bulletin Reports

12:50

Without headscarves, women take part in Tehran race despite warnings

From Assad-era kidnappings to alleged terror plot: Lebanon uncovers cross-border network

News Bulletin Reports

2026-09-18

From Assad-era kidnappings to alleged terror plot: Lebanon uncovers cross-border network

From pager attacks to buffer zones: Israel signals its regional strategy

News Bulletin Reports

2026-09-18

From pager attacks to buffer zones: Israel signals its regional strategy

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Last-minute diplomacy averted attack on Beirut, but not the war

News Bulletin Reports

2026-06-02

Last-minute diplomacy averted attack on Beirut, but not the war

Israel army says 'all options on the table' regarding Lebanon ground offensive

2026-03-02

Israel army says 'all options on the table' regarding Lebanon ground offensive

Iceland votes 'No' to resuming EU entry talks: Final result

2026-08-30

Iceland votes 'No' to resuming EU entry talks: Final result

Hezbollah's Naim Qassem thanks Iran for support in securing halt to fighting in Lebanon

2026-06-16

Hezbollah's Naim Qassem thanks Iran for support in securing halt to fighting in Lebanon

Videos

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Most read

24 hours

7 days

Month

'Major problems' at Riyadh airport, with flights cancelled, delayed: Flightradar24

1

'Major problems' at Riyadh airport, with flights cancelled, delayed: Flightradar24

Aramco fuel tank near Riyadh airport on fire: AFP journalist

2

Aramco fuel tank near Riyadh airport on fire: AFP journalist

Black smoke, flames seen near Riyadh airport: Residents to AFP

3

Black smoke, flames seen near Riyadh airport: Residents to AFP

UN peacekeeping chief in Lebanon says smooth transition is critical before pull-out

4

UN peacekeeping chief in Lebanon says smooth transition is critical before pull-out

Without headscarves, women take part in Tehran race despite warnings

5

Without headscarves, women take part in Tehran race despite warnings

Houthis say targeted 'sensitive sites' in Riyadh, Aramco facilities in Yanbu

6

Houthis say targeted 'sensitive sites' in Riyadh, Aramco facilities in Yanbu

Yemen fighting between Houthis, govt forces kills 48: Military sources to AFP

7

Yemen fighting between Houthis, govt forces kills 48: Military sources to AFP

Who will fill the gap after UNIFIL? Lebanon and Israel remain divided

8

Who will fill the gap after UNIFIL? Lebanon and Israel remain divided

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