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ReportedShipping, energy & marketsLebanon; Qatar; Syria

Qatar proposes two gas power plants and a 20-year LNG supply program for Lebanon

Mountain Time
Local time
9:30 PM in Beirut
Where
Lebanon; Qatar; Syria

A draft program seen by Reuters proposes that Qatar build two 825-megawatt gas-fired power plants in Lebanon and that QatarEnergy supply gas under a 20-year contract. The privately financed proposal includes gas deliveries through a floating regasification unit and the Arab Gas Pipeline via Syria. Payment obligations and guarantees remain subject to negotiation; both governments must approve the program.

Why it matters

Lebanon must decide whether to approve the financing and payment terms for plants that could expand electricity supply beyond the state utility’s current few hours a day.

Source

Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels