INSEAD Day 4 - 728x90

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

Lebanon in blackout as power stations run out of fuel

Lebanon's Zahrani power ran out of fuel plunging the country into yet another total blackout since the start of October Mahmoud ZAYYAT AFP/File
  • State electricity in most places is barely available for an hour a day amid rolling power cuts
  • The Mediterranean country is battling one of the planet's worst economic crises since the 1850s

Lebanon was plunged into a total blackout Saturday after two main power stations went offline because they ran out of fuel, the state electricity corporation said.

The Mediterranean country is battling one of the planet’s worst economic crises since the 1850s, and has in recent months struggled to import enough fuel oil for its power plants.

State electricity in most places is barely available for an hour a day amid rolling power cuts, while the fuel needed to power private back-up generators is also in short supply.

“After the Deir Ammar power station was forced to stop producing power yesterday morning (Friday) due its gasoil reserves running out, the Zahrani plant also stopped this afternoon for the same reason,” Electricite du Liban said in a statement.

This led to the network’s “complete collapse without any possibility of restoring it for the time being”, it said.

It was the second such complete outage reported by EDL since the start of the month, after a similar incident last Saturday.

A source at the energy ministry told AFP that all was being done “to find a way out of the problem and ensure fuel”.

EDL said that a fuel oil shipment was expected to arrive on Saturday evening, and was expected to unload at the beginning of next week.

Restoring electricity is one of the many tough tasks facing Lebanon’s new government, formed last month after 13 months of political wrangling.

Several measures have been launched in a desperate bid to keep the lights on.

Lebanon has reached an agreement towards bringing Jordanian electricity and Egyptian gas into the country via war-torn Syria, while Shiite movement Hezbollah has separately started hydrocarbon deliveries from Iran.

The state is also bringing in some oil fuel for power stations in exchange for medical services under a swap deal with Iraq.