2026-08-25The electricity of Lebanon had built its 2026 budget on a diesel oil around $680 per tonne. The regional war disrupted this hypothesis, with a market approaching $1,500. The shock strikes an establishment already penalized by public unpaid payments, non-technical losses and difficult collection. After reaching seven to nine hours of current per day in February, the supply contracted heavily. Minister Joe Saddi is now demanding the payment of public debts while the government is refusing, for the time being, an increase in tariffs.
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