This is Beirut, 02/08 13:30 - Reading : 1 minute(s)
Turkey Azerbaijan Syria Energy
Turkey on Saturday began supplying natural gas from Azerbaijan to Syria, whose infrastructure has been ravaged by a long civil war, with annual deliveries expected to reach up to two billion cubic meters. Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can ...
This is Beirut, 18/07 17:45 - Reading : less than a minute
United Kingdom Europe Russia Ukraine Energy
The UK on Friday joined the EU's sweeping new package of sanctions on Russia over the Ukraine war, targeting its energy sector by lowering a price cap for Moscow's oil exports. "We're striking at the heart of the Russian energy sector alongside the EU. Together we will continue to apply relentless pressure on (Russian President Vladimir) Putin, ...
Liliane Mokbel, 15/06 14:40 - Reading : 2 minute(s)
Gulf Israel Strait of Hormuz Iran economy energy
As the Middle East flares up amid mounting tensions between Iran and Israel, one urgent question dominates global attention: Is Tehran ready to close the Strait of Hormuz, a crucial lifeline for the world’s energy supply? On Friday night, Emmanuel Macron sounded a stark warning. In a statement, the French president cautioned, “We must brace ...
This is Beirut, 10/06 18:05 - Reading : less than a minute
Greece is now racing to build battery storage amid fears of losing its surplus energy.
This is Beirut, 02/06 16:50 - Reading : 1 minute(s)
Lebanon Washington Energy Reform Syria WorldBank
Lebanon’s Minister of Energy and Water, Joe Saddi, is on an official visit to Washington, where he has held a series of high-level meetings with United States officials and World Bank representatives in a bid to secure international backing for Lebanon’s ailing energy sector. Saddi met with Laura Lochman, the Deputy Assistant Secretary for ...
Liliane Mokbel, 30/05 13:00 - Reading : 4 minute(s)
Power plant maintenance is resuming, the local fuel market is well supplied, and electricity rationing is beginning to ease gradually. These improvements raise the prospect of an average electricity supply of twelve hours per day. Yet, without activating the Regulatory Authority – mandated by law for more than twenty years – the resolution of ...
This is Beirut, 29/05 18:20 - Reading : 2 minute(s)
Syria signed a $7 billion energy deal on Thursday with a consortium of Qatari, Turkish, and US companies as it seeks to revive the war-torn country's crippled power sector. The agreement was sealed at the presidential palace in Damascus in the presence of interim President Ahmed al-Sharaa and US ambassador Thomas Barrack. It aims to generate ...
Liliane Mokbel, 29/05 13:00 - Reading : 3 minute(s)
EDL Europe Hezbollah US Congress Energy
Arab support for the revival of Lebanon’s energy sector is back in the spotlight. On the sidelines of the Arab Summit in Amman, Prime Minister Nawaf Salam reopened this crucial file with his Jordanian counterpart. Shortly after, Lebanese Finance Minister Yassine Jaber and Energy and Water Minister Joe Saddi discussed the main points of energy ...
Liliane Mokbel, 27/05 12:45 - Reading : 4 minute(s)
Banks Beirut International Airport EDL Energy
Electricity rationing is the rule, contrary to all logic in a nation-state framework. A quarter of a century after the end of the Civil War, the Lebanese remain dependent on alternative means of energy supply – mostly at the mercy of the neighborhood private generator supplier. Électricité du Liban (EDL) will long remain in Lebanon’s history ...
This is Beirut, 23/05 14:40 - Reading : 1 minute(s)
Donald Trump United Kingdom Energy
US President Donald Trump on Friday urged Britain to drill for more oil rather than build wind turbines, just a fortnight after Washington signed a trade deal with London. "Our negotiated deal with the United Kingdom is working out well for all," Trump wrote on his Truth Social platform. "I strongly recommend to them, however, that in order to ...
This is Beirut, 22/05 17:26 - Reading : 2 minute(s)
Damascus European Union Turkey Energy
Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports to Syria to help boost electricity supplies as its neighbour seeks to recover after years of war. "We want to triple our current electricity exports to meet Syria's electricity needs, and realise an electricity export of ...
This is Beirut, 21/05 19:05 - Reading : 2 minute(s)
Iraq signed a major energy deal Wednesday with a Chinese petroleum company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent years, becoming a major player across various sectors and now one of the largest importers of Iraqi ...