News
Latest News
news bulletin
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Other News
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Beirut
12
o
Mount Lebanon
12
o
Metn
14
o
Keserwan
14
o
North
10
o
South
8
o
Bekaa
2
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Prova
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
12
o
Mount Lebanon
12
o
Metn
14
o
Keserwan
14
o
North
10
o
South
8
o
Bekaa
2
o
News
Programs
The News
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Programs
Series
Talk Show
News Bulletin
Oldies
Variety
Comedy
Other
Sports
Documentaries
The Untold History
New Year Shows
Lebanon’s Centennial
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Two oil vessels docked in Lebanon's sea await payment approval
News Bulletin Reports
2023-01-20 | 12:39
High views
Share
Share
2
min
Two oil vessels docked in Lebanon's sea await payment approval
The two ships loaded with fuel oil are anchored in Lebanese waters, and Lebanon is paying delay fines for failing to unload their cargo. However, the fate of these ships is in the hands of the ministerial committee formed by the caretaker cabinet.
In its first meeting, this committee is tasked with studying what will happen to these two ships and whether the $38 million appropriation allocated for them will also be approved under a treasury loan. The two ships will unload their cargo in Zouk and Jiyeh tanks to power the plants there.
Caretaker Energy Minister Walid Fayyad insisted that funds for these two ships must be approved, just like it was for the two gas oil ships, noting that neither a letter of guarantee nor a transfer of funds from the Central Bank had yet occurred.
He also pointed out that emptying them and operating the plants in Jiyeh and Zouk will increase feeding hours to about 5 hours per day, which will secure a financial balance and profit for Electricité du Liban (EDL). This will enable it to purchase more fuel and raise the power supply to between 8 and 10 hours per day, thus the emergency plan's success.
However, Fayyad cautioned that failing to make a decision regarding the fate of these two ships would result in the failure of the emergency plan, which would then plunge the electricity sector back into a financial black hole and an electricity shortage.
According to sources in the Energy Ministry, the approval of funding and emptying of both ships is also related to the outcome of the late payment penalties. But to resolve this issue, discussions have already started in the Energy Ministry between the parties involved in this case and Vitol Company.
Breaking Headlines
Lebanon News
News Bulletin Reports
Lebanon
Lebanese
Fuel
Oil
Power Plants
Power
Electricity
EDL
Sea
Next
What are the positions of the various blocs on the parliamentary sit-in?
Cabinet approves treasury advances in favor of EDL
Previous
Related Articles
d-none hideMe
0
Lebanon Economy
2023-01-04
Lebanon's only active power plant in al-Zahrani halts operation: EDL
Lebanon Economy
2023-01-04
Lebanon's only active power plant in al-Zahrani halts operation: EDL
0
News Bulletin Reports
2023-01-04
Lebanon asks Omani Oil Company to delay Iraqi fuel shipment
News Bulletin Reports
2023-01-04
Lebanon asks Omani Oil Company to delay Iraqi fuel shipment
0
Lebanon News
09:32
Lebanon fuel prices see slight increase
Lebanon News
09:32
Lebanon fuel prices see slight increase
0
Lebanon News
06:29
Drop in fuel prices across Lebanon
Lebanon News
06:29
Drop in fuel prices across Lebanon
Recommended For You
d-none hideMe
0
News Bulletin Reports
10:53
Here is what you should do during an earthquake
News Bulletin Reports
10:53
Here is what you should do during an earthquake
0
News Bulletin Reports
2023-02-05
French channel to air documentary on Hezbollah
News Bulletin Reports
2023-02-05
French channel to air documentary on Hezbollah
0
Lebanon Economy
2023-02-05
Does dismantling black market networks affect the dollar exchange rate?
Lebanon Economy
2023-02-05
Does dismantling black market networks affect the dollar exchange rate?
0
News Bulletin Reports
2023-02-04
Wheat ship docked at Beirut Port has not matched specifications
News Bulletin Reports
2023-02-04
Wheat ship docked at Beirut Port has not matched specifications
Subscribe to our newsletter
Join millions of followers
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
07:36
Lebanon offers help to Syria and Turkey after major earthquake
Lebanon News
07:36
Lebanon offers help to Syria and Turkey after major earthquake
0
Middle East
10:05
Biden sends condolences, offers US help
Middle East
10:05
Biden sends condolences, offers US help
0
Lebanon News
13:21
MP reveals Lebanese victims in Turkey earthquake
Lebanon News
13:21
MP reveals Lebanese victims in Turkey earthquake
0
News Bulletin Reports
2023-02-05
French channel to air documentary on Hezbollah
News Bulletin Reports
2023-02-05
French channel to air documentary on Hezbollah
Videos
d-none hideMe
0
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
0
Lebanon News
2023-01-25
Beirut blast investigations: The latest
Lebanon News
2023-01-25
Beirut blast investigations: The latest
0
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
0
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
0
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
0
News Bulletin Reports
2022-12-07
FPM likely to ditch white ballots following disagreement with Hezbollah
News Bulletin Reports
2022-12-07
FPM likely to ditch white ballots following disagreement with Hezbollah
0
Lebanon News
2022-12-07
Bassil sparks debate on long-awaited decentralization reform
Lebanon News
2022-12-07
Bassil sparks debate on long-awaited decentralization reform
0
Lebanon Economy
2022-12-07
Israel has recruited hundreds of spies, making use of Lebanon's collapse
Lebanon Economy
2022-12-07
Israel has recruited hundreds of spies, making use of Lebanon's collapse
0
Lebanon News
2022-12-07
Lebanon expects four hours of electricity production by January
Lebanon News
2022-12-07
Lebanon expects four hours of electricity production by January
Most read
d-none hideMe
24 hours
7 days
Month
1
World
20:50
Massive 7.7-magnitude earthquake strikes Eastern Mediterranean
World
20:50
Massive 7.7-magnitude earthquake strikes Eastern Mediterranean
2
World
03:38
Major earthquake strikes Turkey, Syria; scores dead
World
03:38
Major earthquake strikes Turkey, Syria; scores dead
3
World
07:56
Ukraine's defense ministry in turmoil as Russia readies offensive
World
07:56
Ukraine's defense ministry in turmoil as Russia readies offensive
4
Lebanon News
13:21
MP reveals Lebanese victims in Turkey earthquake
Lebanon News
13:21
MP reveals Lebanese victims in Turkey earthquake
5
Lebanon News
12:34
Banks Association announces open-ended strike
Lebanon News
12:34
Banks Association announces open-ended strike
6
News Bulletin Reports
10:53
Here is what you should do during an earthquake
News Bulletin Reports
10:53
Here is what you should do during an earthquake
7
Lebanon News
07:36
Lebanon offers help to Syria and Turkey after major earthquake
Lebanon News
07:36
Lebanon offers help to Syria and Turkey after major earthquake
8
World
06:53
British workers stage largest strike in history of health service
World
06:53
British workers stage largest strike in history of health service
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store