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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Turkey’s Karpowership to Resume Electricity Supply to Lebanon

A bus drives past the Karadeniz Powership Orhan Bey, an electricity-generating ship from Turkey, docked at the port of Jiyeh, south of Beirut, Lebanon October 26, 2015. (Reuters)

A Turkish company that provides electricity to Lebanon from two power barges said on Tuesday it will resume supplies.

The move comes six weeks after it shut down operations over delayed payments and the threat of legal action against its vessels.

The decision by Karpowership is expected to increase electricity supply by about four to six hours a day.

“This is a goodwill gesture,” Karpowership said in a statement to The Associated Press. It said it is still looking for a solution with Lebanese authorities to outstanding payments.

Karpowership had said it is owed 18 months of overdue payments totaling in excess of $100 million.

Last month, a Lebanese prosecutor threatened to seize the ships, pending an investigation into corruption and graft allegations. The company has called those accusations baseless.

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