A version of this article appeared in the print edition of The Daily Star on September 22, 2016, on page 4. Lebanon’s half absent electricity remains a major source of social and financial distress for the ... read more
According to the Ministry of Finance, transfers to EDL reached $386.43M up to April 2015, significantly lower than the $731.84M over the same period in 2014. Excluding EDL’s debt service, the ... read more
According to the Ministry of Finance, transfers to EDL reached $315.46M up to March 2015, significantly lower than the $615.13M recorded during Q1 2014. Excluding EDL’s debt service, the reimbursements for ... read more
According to the Ministry of Finance, transfers to EDL increased by a yearly 3.3% to reach $2.09B during year 2014. In hindsight, reimbursements for the purchase of gas and fuel from the two suppliers KPC ... read more
According to the Ministry of Finance, transfers to EDL dropped by a yearly 3.6% to reach $1.81B up to November 2014. Excluding EDL’s debt service, the reimbursements for the purchase of gas and fuel from ... read more
Transfers to EdL for the first 10 months of 2014 showed a 9.3% year-on-year (y-o-y) drop to $1.63B. This was mainly due to the fact that international prices of oil fell by a yearly average of 0.05% by, ... read more
Transfers to EdL, for the first 3 quarters of 2014, showed an 11.53% year-on-year (y-o-y) drop to $1.49B. This was due to the 10.48% y-o-y decline in payments to fuel oil and gas oil suppliers KPC and ... read more
Rising with summer heats, periodic blackouts grew into a chronic disease obstructing the daily lives of Lebanon’s citizens who suffer, each day, up to 12 hours of power cuts. Diesel generators became the ... read more
Transfers to EdL for the first half of 2014 revealed a 10.23% year-on-year (y-o-y) increase to $1.04B. This climb was due to the 12.41% y-o-y increase in payments to fuel oil and gas oil suppliers KPC and ... read more
Transfers to EdL for the first five months of 2014 revealed a 19% year-on-year (y-o-y) decline to $707.80M. This drop was primarily due to the 17% y-o-y decrease in payments to fuel oil and gas oil ... read more
