Lebanon Energy Ministry gets approval for $100m in fuel import credit

Lebanon Energy Ministry gets approval for $100m in fuel import credit
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Updated 10 October 2021
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Lebanon Energy Ministry gets approval for $100m in fuel import credit

Lebanon Energy Ministry gets approval for $100m in fuel import credit

DUBAI: Lebanon’s Energy Ministry said on Sunday it received central bank’s approval for $100 million in credit to issue fuel import tenders for electricity generation.

The ministry added in a statement that the country’s grid has returned to supplying the same amount of electricity as before the complete outage, reported on Saturday, when its two biggest power stations shut down due to a fuel shortage.