Jordan ‘stands to benefit’ from selling electricity to Lebanon

(Photo: Jordan News)
AMMAN — Energy expert Hashem Akel said that Jordan will enjoy good benefits from selling electricity to Lebanon, clarifying that Jordan does not bear certain costs in the process as the supply will be made directly from the transmission lines; eliminating such expenses as storage, distribution, and maintenance of electricity transmission lines, according to Al-Raiاضافة اعلان

He pointed out that the cost of producing electricity depends on several factors, including the cost of the energy source used in its production — i.e. gas, heavy fuel oil, coal, etc.  — the capacity to generate electricity, the cost of energy safety, and the cost of storing the produced energy.

Akel said Lebanon would be supplied with 400 megawatts of electricity once agreements were signed with the Syrian and Lebanese sides separately but on the same day. The signing is scheduled for Wednesday.

The expert pointed to the statement of Lebanon’s energy minister that Lebanon has almost completed the necessary requirements, attributing a delay to a problem at the Dar Ammar station near Tripoli in northern Lebanon.

He said transit fees inside the Syrian territory would not be paid in cash, but would be in-kind allowance of 8 percent of the electricity coming into Lebanon.

Akel said all three sides stand to benefit from the agreement. On the Jordanian side, the agreement provides an opportunity for the National Electricity Power Company to generate revenue through existing, unused electricity. The selling price will be $0.97/kilowatt. Lebanon will be able to increase electricity supply hours, and once Egyptian gas is supplied to the country, electricity supply would reach 10–12 hours daily. Syria will enjoy electricity load stability and prolong supply.

With regard to bringing Egyptian gas to Lebanon through the "Arabi line" through the Jordanian and Syrian territories and with funding from the World Bank, Akel explained that the pipeline from Egypt to the Jordanian-Syrian border is operational and ready to transport Egyptian gas.

Syria has also carried out all maintenance work for the line stretching to the Lebanese border through its territory, except for a 32km stretch in Lebanese territory that, according to Akel, still requires maintenance.

Lebanon will work on the maintenance of pipes passing through its territory, which will be ready to receive Egyptian gas by the end of February.

Akel pointed out that Jordan will charge transit fees for Egyptian gas through its territory, and Syria will take a percentage of the gas that will pass to Lebanon through its territory.

He also made reference to a "pledge" delivered by the US embassy in Beirut to the Lebanese government stating that no party that enters into the gas and electricity agreements will be subject to any form of US sanctions.

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