Lebanon/EAST MEDITERRANEAN

 

Lebanon Signs Contract For Turkish Power Ships

The Lebanese Ministry of Energy and Water on 13 July signed a three-year contract worth $360mn with the Turkish firm Karkey Karadeniz Elektrik Uretim (KKEU) to lease two electricity generating ships expected to produce a total of 270mw. The first ship is expected to be installed at its designated place in 120 days, while the second is due to arrive in six months. But KKEU said that it would try to deliver the...