According to Lebanese TV station Al-Manar, Iranian authorities informed a technical delegation from Lebanon that was in Tehran on Tuesday that Iran might provide Lebanon with 600,000 tons of fuel over the course of five months to help with its power problems.
If the gasoline agreement is approved, Iran will transfer fuel for the first time directly to the Lebanese government after sending some to its partner Hezbollah, a potent military group that is a part of Lebanon’s coalition government.
Although Lebanon has experienced power shortages for many years, the country’s economic collapse in 2019 has depleted state funds and slowed fuel imports for government plants.
Due to this, homes in the majority of the nation now only receive one or two hours of state-provided electricity each day, and the cost of private generator subscriptions has increased along with the rise in fuel prices throughout the world.
According to sources who spoke to Reuters without providing further information, Iran earlier this month offered Lebanon a “gift” of gasoline that met the requirements needed to operate Lebanese power plants.
The Iranian embassy in Beirut announced on Monday that the petroleum ships might arrive in Lebanon in two weeks.
According to local news station Al-Manar, Tehran has pledged to send 600,000 tons over a five-month period. The amount was confirmed by a source in the energy ministry, who also stated that the sale would probably be completed the next day.
“We sent a technical delegation to Tehran and they are studying the details,” an energy ministry spokesperson told Reuters on Tuesday.
Iran supplied fuel to Hezbollah last year, a group that the US and some other Western countries have classified as a terrorist organization. In an effort to get around US restrictions on Iran’s energy industry, the petroleum was delivered through Syria and then transported into Lebanon by trucks.
During the previous year, the United States did not take any action. On Tuesday, the US embassy declined to comment.
Sayyed Hassan Nasrallah, the leader of Hezbollah, has frequently asked Lebanon’s government to purchase fuel from Iran to help the country’s energy issue.