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Lebanon considers leasing electricity generating ships

Lebanon’s energy and water minister Gibran Bassil has said that the Cabinet is studying a proposal to lease power-generating ships to overcome the country’s electricity shortage.

He said that any delay in approval could exacerbate power shortage problems, especially during the summer seasons.

Lebanon currently generates less than 1600 MW but has a demand for over 2300 MW. The government has approved Bassil’s plan to allocate $1.2bn for the construction of 700 MW plants. In the interim, Lebanon imports electricity from Turkey and Iran but it is feared that this will not be sufficient to cope with demand.

Bassil said: “Leasing ships to generate power is very important to enable us to repair and upgrade the Zouk and Jiyeh power plants. We have had a lot of offers regarding leasing ships. One of these offers is that a leased ship will belong to the government in seven years.”

The Council for Reconstruction and Development is currently studying new tenders to carry out maintenance work on the Zouk and Jiyeh plants.