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Home Arabian Gulf | Persian Gulf

Turkey’s Karpowership to resume electricity supply to Lebanon

Reuters old by Reuters old
29 June 2021
in Arabian Gulf | Persian Gulf, Civil Unrest, Commodities Markets, Conflicts / War / Peace, Economic News, Emergency, Energy Markets, Engineering, General News, Government Finances, Lebanon, Major News, Middle East (Energy), Old Economy, Old Europe, Old Middle East, Old Politics, South-Eastern Europe, Turkey
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(Reuters) – Turkey’s Karpowership will resume electricity supply to Lebanon from its two power ships from Tuesday in a decision it said was a goodwill gesture against a backdrop of talks over payment arrears and a legal threat to its vessels.

The company told the government in May that it would have to shut down unless there were moves towards settling the issues. Karpowership used to supply 370 megawatts (MW), or about a quarter of Lebanon’s supply.

(Reporting by Maha El Dahan; Writing by Ahmad Elhamy; Editing by David Goodman)

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