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Economy

Qatar's electricity plan for Lebanon: two power plants and a 20-year LNG deal

Reuters reports a proposal that would need no upfront public spending.

✓ Verified against multiple independent sources

Qatar's proposal to revive Lebanon's power sector includes two power plants and a 20-year liquefied natural gas supply deal, Reuters reported in an exclusive, as relayed by LBCI.

The blueprint, called the National Integrated Energy Investment Program, also covers renewables, battery storage and regional electricity links. It aims at private or project financing with no upfront capital spending from the Lebanese budget, though payment obligations and guarantees remain subject to negotiation.

Implementation would take about three years if approvals come quickly. The proposal still needs approval from both governments and may change. Neither Qatar's Foreign Ministry nor Lebanon's energy minister responded to Reuters.

The state utility today supplies only a few hours of power a day; the rest comes from costly private generators.

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