Qatar Offers Lebanon 2 Gas Plants and 20 Years of LNG Piped Through Syria
Qatar is offering to take over Lebanon's power supply problem at no upfront cost to Beirut. A draft program seen by Reuters has Qatar building two gas-fired power plants within three years and QatarEnergy supplying the gas under a 20-year LNG contract, with private financing in place of Lebanese public money. The document leaves payment obligations and guarantees open for negotiation, and Lebanon's state utility currently delivers only a few hours of electricity a day. The National Integrated Energy Investment Program includes two 825-megawatt…