Search
11 to 20 out of 34
Results
Lebanon needs imports to alleviate a chronic electricity shortage, but importing energy from Egypt and Jordan via Syria could put all countries involved in breach of US sanctions
Lebanon's Caretaker Energy Minister Walid Fayad said the US had demanded to 'see the financing terms from the World Bank' to ensure the electricity deal 'is not sanctionable'.
Lebanon is planning to import natural gas from Egypt to ease the severe electricity shortages
Lebanon's state electricity company claimed that its power plants had stopped working after protesters stormed a substation.
TotalEnergies has agreed to conduct a preliminary study related to building a floating regasification unit in a south Lebanon power plant
The World Bank will finance the granting of a loan to import and transport electricity to Lebanon, Beirut's energy minister Walid Fayad said.
Under an agreement announced last month, Egypt will supply natural gas to Lebanon via a pipeline that passes through Jordan and Syria to help to boost Lebanon's electricity output.
US special envoy Amos Hochstein is due to visit both Lebanon and Israel to try and revitalise discussions between the two sides on the possibly gas-rich Mediterranean waters.
Jordan's PM said the country is committed to supporting Lebanon's stability and discussed ways to deliver Egyptian natural gas shipments via its territory and Syria.
To ease Lebanon's energy crisis, Shi'ite group Hezbollah has bought Iranian fuel into Lebanon via Syria amid criticism that such a move could risk US sanctions.