Lebanon crisis

Turkey’s Karpowership to resume electricity supply to Lebanon in ‘goodwill gesture’

Published: Updated:

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 toward settling the issues.

Karpowership used to supply 370 megawatts (MW), or about a quarter of Lebanon’s supply.

For the latest headlines, follow our Google News channel online or via the app.

Meanwhile, Lebanon’s government raised fuel prices on Tuesday, after agreeing last week to effectively cut fuel subsidies, a move aimed at alleviating crippling shortages but which will increase the pressure on impoverished consumers.

Read more:

Hezbollah leader Nasrallah, Hamas chief Haniyeh discuss recent Gaza war in Beirut

Lebanon banks to close in solidarity with Lebanese Swiss Bank after staff assaulted

Lebanon’s ongoing crisis will lead to a political, economic collapse: Expert

Top Content Trending