Lebanon faces electricity blackout as fuel, money run dry ...Kuwait

The New Arab - News
Lebanon faces electricity blackout as fuel, money run dry
source : The New Arab ( Kuwait ) () 27
Lebanon's state energy company has warned that it will be forced to ration energy consumption. Lebanon could slip into complete darkness in coming weeks as subsidies for its electricity sector come to an end, lawmakers have warned. The chronic electricity crisis could worsen in coming days, as a $200 million emergency loan approved by parliament late in March was temporarily blocked by the Constitutional Council on Tuesday. The council’s decision came after a parliamentary bloc opposed to the allocation of funds appealed the decision. Lebanon’s ailing electricity sector has cost it more than $45 billion in subsidies since the early 1990s. The figure accounts for about 40 percent of the

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