Govt. OKs 3-Year Extension for Power Ships as Cost Slashed
The government on Monday approved a three-year extension for the contracts of the Turkish power-generating ships, as the energy minister lamented that there was an alleged plot to obstruct his electricity plan prior to the parliamentary elections.
“The decisions that were taken in this session and in the previous sessions indicate that all the talk about the electricity file has gone with the wind,” Energy Minister Cesar Abi Khalil announced after Cabinet's last session ahead of turning into a caretaker cabinet.
“A three-year extension has been approved for the power ships that are currently present in Lebanon, which also indicates that all the previous maneuvers were aimed at blocking the electricity plan before the elections,” Abi Khalil added.
“We have negotiated over the power ships and we have managed to obtain cost cuts for the next three years and additional 200 megawatts for free,” the minister announced.
According to information obtained by LBCI television, the Energy Ministry has reached an agreement with the Turkish Karadeniz Energy Group on dispatching a third ship to Lebanon's coast within a month in order to generate the additional 200 megawatts.