Lebanon’s national electricity grid collapses

5Mind. The Meme Platform
The Washington Post

BEIRUT — Lebanon’s electricity network collapsed on Saturday after the two most important power stations ran out of fuel, leaving private generators as the only source of power.

The state-owned electricity company has been providing citizens with just a few hours of power a day for months, but the total collapse of the national grid will compound the misery of those who can’t afford to run generators and had relied on those few hours.

The outage marks the latest milestone in the unraveling of Lebanon, which is undergoing what the World Bank has described as one of theworld’s three biggest financial collapses of the past 150 years.

The banking system was the first to implode in 2019, triggering a 90 percent slide in the value of the currency that has left the government unable to afford fuel, food and medicine imports while plunging millions of Lebanese into poverty.

The electricity grid ground to a halt after the country’s two main power stations, Deir Ammar and Zahrani, ran out of diesel fuel, leaving the nationwide network without the minimum amount of power required to sustain it, said Energy Minister Walid Fayyad.

The government is working to secure emergency fuel supplies from other sources, including the army, to bridge the shortfall until a shipment of Iraqi oil due to arrive Saturday night can be offloaded and distributed into the network. At most, he said, the total outage can be expected to last only a couple of days, and he hoped to find a stopgap solution faster.

But the collapse is a reminder of the dire state of Lebanon’s electricity sector, which has been unable to provide 24-hour power for decades. In recent months, its capacity has been further eroded by the lack of money and by corruption, with smugglers diverting state purchases of fuel to sell at a profit in neighboring Syria.

By Nader Durgham and Liz Sly

Read Full Article on WashingtonPost.com

Contact Your Elected Officials
The Washington Post
The Washington Posthttps://www.washingtonpost.com/
The Washington Post offers breaking news, live coverage, investigations, analysis, video, photos and opinions with the latest on U.S. and international news.

The Dirty Dozen: Will the Destroyer of Society Please Stand Up

Everyone seems to be searching for the one thing that is destroying society, as if there were a single cause that could be identified, isolated, and addressed.

Blue-White’s economic engine

Penn State’s Blue-White game shows how a university, its town, and business leaders turn a simple spring football practice into an economic engine.

Will Obama and Clinton Face Justice?    

There is interesting, even earth shaking, news currently being reported on, and this news can easily be seen in these three related stories.

DOJ Quietly Retracts John Brennan Subpoenas, Offers No Explanation

Greasy Deep State eel in a human skinsuit, John Brennan, may have slipped the proverbial noose once again.

OOOOOH, That Smell!

Like dead fish, the stench of politics is overpowering, and yet political elites tell you what you’re smelling ain't what they're cooking.

Shots Fired at White House Correspondents’ Dinner, President Evacuated

President Donald Trump and First Lady Melania Trump were evacuated from the White House Correspondents’ Association dinner at the Washington Hilton.

US Exports of Crude and Petroleum Products Hit Record Highs

America’s energy exports have hit record highs as the world navigates the uncertainty surrounding oil and gas shipments through the Strait of Hormuz.

SBA Refers 562,000 Suspected Fraudulent Loans Worth $22.2 Billion to Treasury

The SBA has referred 562,000 loans suspected to be fraudulent to the Treasury Department for collection, the agency said in an April 24 statement.

Microsoft Offers Buyouts, Meta Lays Off 10 Percent of Workforce

Microsoft will offer voluntary buyouts to some of its U.S. staff as the software titan adapts to the artificial intelligence (AI) climate.

Treasury Sanctions Iran-Linked Chinese Oil Refinery, 40 Vessels

The Treasury Department sanctioned a Chinese refinery and 40 shipping firms and vessels found to be providing a lifeline to the Iranian oil economy.

Trump Admin Begins Process to Downgrade Marijuana Classification

The Trump administration announced plans to reclassify approved marijuana products as a less dangerous drug under federal law.

Gas Prices Will Return to Low Levels After Iran Conflict Ends, Bessent Says

Treasury Sec. Scott Bessent said relatively high gas prices will not last long but any change is contingent on when the US and Iran cease hostilities.

Trump Participates in Historic Bible-Reading Marathon to Celebrate Nation’s 250th Anniversary 

President Trump read passages from the Bible on April 21 from the Oval Office at the White House as part of the “America Reads the Bible” celebration.
spot_img

Related Articles

Popular Categories

MAGA Business Central