Energy
04:45 PM | 26 Jun 2026
To stop losses... “Energy” proposes a moving tariff for electricity
Fady Mahouly
The Ministry of Energy and Water put the Council of Ministers before the reality of the high cost of energy production, warning of financial losses facing the Electricité du Liban as a result of the significant increase in fuel prices.
The Ministry announced in a statement that the practical solution lies in adjusting the price of a kilowatt to be mobile according to international oil prices, which is what studies of the Ministry and the World Bank show.
She confirmed that the corporation currently relies on collection revenues to secure fuel, in light of the minister’s refusal to return to the approach of treasury advances and borrowing.
The Minister of Energy called on the Council of Ministers to immediately order the payment of the dues and debts owed by ministries, departments and public institutions to the Electricité du Liban Corporation, which exceeded $268 million, with a monthly consumption rate of approximately $50 million.