Lebanon could go dark as cash for electricity runs out

  • Date: 07-May-2021
  • Source: Arab Weekly
  • Sector:Oil & Gas
  • Country:Lebanon
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Lebanon could go dark as cash for electricity runs out

BEIRUT – Lebanon’s lights may go off this month because cash for electricity generation is running out, a lawmaker said on Thursday, as the country grapples with a deep economic crisis.

Lebanon’s parliament had approved a $200 million emergency loan to finance fuel imports for power generation in March, but a committee reviewing the loan has yet to approve it.

“We should not forget that starting May 15, gradual darkness will start,” said Nazih Negm, a member of parliament, according to a government statement released after he met the caretaker finance and energy ministers.