Turkey’s Karpowership shuts down power to Lebanon ...Egypt

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Turkey’s Karpowership, which provides electricity to Lebanon from two barges, said on Friday it was shutting down supplies over payment arrears and a legal threat to its vessels as the nation grapples with a deep economic crisis. The company, which supplies 370 megawatts (MW), or about a quarter of Lebanon’s current supply, told the government this week it would have to shut down unless there were moves towards settling the issues. The shutdown threatens longer daily power cuts across the heavily indebted nation, which did not have enough capacity to meet demand even before Karpowership’s move on Friday. Many people in the country, which has seen its currency collapse since a crisis erupted

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