BEIRUT - The Turkish power ship Fatmagul is expected to stop functioning on Monday as Finance Minister Ali Hassan Khalil refused to sign a loan for the country’s electricity company to buy fuel oil for the power ship.
“The finance minister considers that signing loans without the prior consent of the council of ministers is illegal,” a well-informed source told NOW.
As a result, the ship is expected to shut down within Monday as it will soon run out of fuel oil.
Meanwhile, Lebanon’s power plants would completely run out of fuel gas within the end of March in case the Electricité du Liban (EDL) company failed to provide fuel oil, the source informed NOW.
In this case, the EDL will decide to increase the electricity rationing to more than 3 hours a day in Beirut and 14 hours a day in other areas, and eventually to a complete blackout with the beginning of April.