INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Gaza’s only power plant closes due to fuel shortage

The electricity supply in Gaza is expected to plummet to just four hours a day. (AFP)
  • The power station has gone without fuel deliveries through Israel since the country shut its goods and people crossings with Gaza on Tuesday.
  • In a statement, Gaza's electricity company said the shutdown will affect all public utilities, crucial installations and exacerbate the humanitarian situation

Gaza’s sole power plant shut down on Saturday after running out of fuel, an electricity company spokesman said, five days after Israel closed its goods crossing with the Palestinian enclave.

“The power plant in Gaza has stopped (working) due to the fuel shortage,” said Mohammed Thabet, spokesman for the electricity company.

The power station has gone without fuel deliveries through Israel since the country shut its goods and people crossings with Gaza on Tuesday.

The electricity supply is expected to plummet to just four hours a day, Thabet said.

Diesel for the power plant is usually trucked in from Egypt or Israel, which has maintained a blockade of the enclave since Hamas took control of Gaza in 2007.

In a statement earlier on Saturday, Gaza’s electricity company said the shutdown “will affect all public utilities and crucial installations and exacerbate the humanitarian situation”.

The company called on “all parties to urgently intervene and allow the entrance of fuel deliveries for the power plant to work.”

Gaza’s 2.3 million residents experience regular power shortages and last week received only an average of 10 hours of electricity per day, according to data from the UN’s humanitarian agency OCHA.