Mobile  |  About us  |  Photos  |  Videos  |  Subscriptions  |  RSS Feeds  |  Today's Paper  |  Classifieds  |  Contact Us
The Daily Star
WEDNESDAY, 23 MAY 2012
10:33 AM Beirut time
Weather    
Beirut
25 °C
Blom Index
1,164.8down
A+ A-
     
 
Advanced Search
Lebanon  
Ministers set to debate Bassil’s electricity plan
Power outage sparks widespread protests across the country.
Power outage sparks widespread protests across the country.

BEIRUT: The tug of war between Energy Minister Gibran Bassil and some Cabinet members over the electricity project persisted as the government was set to discuss increasing power shortages Tuesday.Bassil said Monday the previously approved 700 megawatt electricity plan is too urgent to wait for soft loans from Arab funds.

“The [Arab and international] funds will take a very long time to start the [electricity] projects, and those who are demanding using these resources [to finance the electricity plan] are only aiming to impede the plan,” Bassil said after meeting Nawaf Dabbous, a delegate from the Kuwait Fund for Arab Economic Development, which had previously been suggested as a source of funding to help the country’s struggling electricity sector.

Bassil said his ministry had implemented over 22 projects with financial assistancefrom various international and Arab funding bodies. But these projects, he said, had taken an excessively long time to be completed.

“One project started in 1997 was only finalized in 2010 and another one started in 1996 and was finalized in 2012,” he said, adding: “The government bodies responsible for dealing with these funds have been above accountability and law.”

Bassil argued the government will end up losing money if it opts for softer loans from Arab funding bodies.

“Yearly savings on interest rates will be less than the $5.5 million lost on electricity every day,” he said.

Meanwhile the Danish Ambassador to Beirut Jan Top Christensen suggested Monday that Lebanon could turn to wind energy to help in resolving the country’s power cuts.

Christensen, who met with Prime Minister Najib Mikati at the Grand Serail in Beirut, said he and Mikati had discussed the subject of wind energy and whether it could be used as a means to help boost the country’s capacity, a statement from Mikati’s office said. The Danish envoy said the two had also discussed the economic potential of introducing such technology in the country.

Mikati said Sunday Lebanon was close to launching a previously approved plan to end power shortages in the country, highlighting during a Twitter session that a transparent mechanism ought to be adopted for implementing the proposal.

Mikati’s Cabinet allocated $1.2 billion last September for Bassil’s planned construction of electricity plants capable of producing some of the additional 700 MW needed.

Demand for electricity currently exceeds 2,400 MW a day, while production struggles at less than 1,500 MW.

Power cuts have become endemic during the past month, as maintenance works in several production units take their toll on electricity supply.

The power outages have prompted citizens to launch a series of demonstrations, particularly in south Lebanon, the Chouf and the Bekaa regions. The protesters have blamed Bassil for the long hours of electricity cuts.

During his visit to Bassil, Dabbous called on the government to lodge an official application for funding from the KFAED saying Kuwait was committed on cooperating with Lebanon on infrastructure projects.

Iran had proposed to sell Lebanon between 200 and 400 megawatts of electricity at reduced prices after Foreign Minister Adnan Mansour met with the Iranian ambassador to Lebanon.

Iran also said that it can build two power plants in Lebanon in less than two years and that work can start in a week if the Lebanese government approves Tehran’s offer.

But most energy experts seemed skeptical about the ability of the Lebanese government to seriously implement Bassil’s electricity plan.

Mikati and Finance Minister Mohammad Safadi insist that that any allocation of funds for the electricity project will not have dire effect on the budget deficit. Safadi projects the electricity deficit to reach $2 billion in 2011.

Most of the money earmarked to Electricite du Liban covers the cost of fuel and gas oil which runs the country’s aging power plants.

A version of this article appeared in the print edition of The Daily Star on January 31, 2012, on page 4.
Home Lebanon
 
 
electricity / Lebanon / Economics
Advertisement
Comments  
hoda January 31, 2012 10:05 PM

If the electricity is not enough, why are the streetlights on during the daytime?

Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.

Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site. All fields are mandatory.

Name *
Email *
Country *
City *
Comment
*
Word Count: Left:
Toolbox
print
email
e-paper
e-paper
Related
Audi: Syria’s impact on Lebanese economy offset by other gains
Solidere shares drop to lowest levels since 2005 after unrest
Safadi: Private sector needed to reduce deficit
Transport unions call off strike but give Cabinet warning
Kafalat loans extended to SMEs reach $44.5 mln
LibanPack: Helping edible exports- interview
Security crisis takes toll on Beirut’s restaurants
Tourists cancel hotel reservations in Lebanon
Total Central Bank assets up 12.3 percent from 2011
Iran’s electricity offer bogged down
Advertisement
Most Popular
Viewed Searched e-mailed
1. Painting featuring Zuma’s genitals defaced
 
2. Hezbollah calls Future Movement a militia
 
3. At least 16 Lebanese abducted by Syria rebels near Aleppo
 
4. Mawlawi, newly freed: I confessed under duress
 
5. Nasrallah urges calm after kidnap of Lebanese in Syria
 
6. High hopes for release of Lebanese hostages
Advertisement
 
Follow us on Facebook Follow us on Twitter Follow us on Linked In Follow us on Google+ Subscribe to our Live Feed
 
Multimedia
Images Video  
World's tallest tower, the tokyo skytree, opens
The world's tallest tower, the tokyo skytree, opened to the public on Tuesday on a cloudy morning. Nearly 8,000 visitors were expected to take high-speed elevators up to the observation decks of the 634-meter (2,080-foot) tower to mark its opening.
View all view all
Rami G. Khouri
Rami G. Khouri
Egyptians as they really are, for once
Michael Young
Michael Young
Will Tripoli make Samir Geagea pay?
David Ignatius
David Ignatius
Is the bubble about to burst on the so-called China Model?
View all view all
 
cartoon
 
Click to View Articles
Advertisement
 
 
News
Business
Opinion
Sports
Culture
Technology
Entertainment
Privacy Policy | Anti-Spamming Policy | Disclaimer | Copyright Notice
© 2011 The Daily Star - All Rights Reserved - Designed and Developed By IDS