Latest news with #MinistryofEnergyandWater
L'Orient-Le Jour
03-05-2025
- Business
- L'Orient-Le Jour
Fuel prices increase again in Lebanon, except for the gas cylinder
Gasoline and diesel prices slightly increased on Friday in Lebanon, while the price of the gas cylinder, which is adjusted less frequently, remained unchanged, according to the latest schedule published by the Ministry of Energy and Water. Here are the new rates: – 20 liters of 95-octane gasoline: 1,348,000 Lebanese liras (+LL 10,000) – 20 liters of 98-octane gasoline: LL 1,388,000 LL (+LL 10,000) – 20 liters of diesel (for vehicles): LL 1,217,000 (+LL 7,000) – Kiloliter of fuel oil (used to power private electric generators): $619.37, up $4.23 from the last schedule released on Tuesday. – Domestic gas cylinder: LL 979,000 (unchanged)
L'Orient-Le Jour
02-05-2025
- Business
- L'Orient-Le Jour
Generator rates see a slight decrease in April
A very slight decrease has been noted in the price of the kilowatt-hour (kWh) produced and sold by private or neighborhood electric generators for bills issued in April 2025, according to the latest tariff schedule published Wednesday by the Ministry of Energy and Water. The kWh price is set at LL 28,591 (approximately $0.32). It is known that the kWh price is always increased by 10 percent for operators in mountainous (more than 700 meters above sea level) and/or rural areas, bringing it to LL 31,451 (nearly $0.35), compared to LL 32,972 the previous month. To calculate their bill, each subscriber must multiply the fixed price by the number of kWh corresponding to their consumption, recorded on an individual meter that the operator is supposed to have installed. The adopted dollar exchange rate is the market rate, which is LL 89,700 for a dollar bill. The average fuel oil price taken into account for this tariff calculation is LL 1,305,617 for 20 liters (a decrease compared to the LL 1,338,852 used for March bills). The other components of the pricing, which include a 10 percent margin, remain unchanged. Regarding fixed fees, for a maximum intensity of 5 amperes (A), the monthly flat rate is still LL 385,000 ($4.29), while that for an intensity of 10 A is LL 685,000 ($7.64). The ministry also imposes an additional charge of LL 300,000 ($3.34) for each additional 5 A from 10 A onwards. For installations connected to a three-phase meter (like elevators), an additional flat rate is calculated based on a reference capacity. For an elevator powered by three phases that can support 15 A each, the generator owner should only charge LL 985,000 ($10.98) and not LL 2,785,000 ($31.05). Private generators have been tolerated for decades, during which they have established themselves as a remedy to the structural production shortfall of Électricité du Liban (EDL). The obligation for generator owners to install an individual meter at each of their subscribers' premises came into effect in 2017, but not everyone complies.
National News
12-04-2025
- Politics
- National News
Al-Saddi: Priority is to implementing any law before reviewing it
NNA - Minister of Energy and Water, Joe Saddi, wrote today on his platform "X" account: "From the first moment I assumed my duties at the Ministry of Energy and Water, I pledged to implement the regulatory authority in accordance with the approved Law 462, after its establishment had been delayed since the law's enactment 23 years ago. The authority is essential for regularizing the sector and for the reform project I am working on. Moreover, priority is to implementing any law before reconsidering it." Saddi added, "As for organizing update workshops on the law upcoming May and June, this does not conflict with the regulatory body's work. Our laws must be continuously updated to keep pace with new developments." =========
