The September 15 attack on Saudi oil facilities that temporarily wiped out 5 percent of global supply did more than trigger a short-term oil trading frenzy with wild price jumps…
Electricity
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On June 17, in Mansourieh, the last 2 km power line link went live in the 369 km, 220 kilovolt (kv) loop that runs from the south of the country…
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Economics & PolicyElectricity
Lebanon’s new electricity plan adopted in the dark
by Hala Bejjaniby Hala BejjaniThe Council of Ministers approved a new electricity policy paper on April 8. Although this was a long-awaited reform, the Lebanese were expecting better governance and more transparency, especially in…
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On April 8, the Council of Ministers adopted a new electricity policy paper, aimed at reforming the sector. However, the plan is lacking the key components it aims to address—the…
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Lebanon’s power sector is a substantial drain on the state’s treasury, responsible for 40 percent of the country’s fiscal deficit, according to the World Bank. Significant reforms are required to…
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Lebanon’s electricity sector was not saved in 2017, despite an emergency plan from the Ministry of Energy and Water (MoEW) endorsed by the cabinet earlier in the year. While the…