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18:38, 17 April 2014 Thursday
Update: 13:05, 14 July 2012 Saturday

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Turkish company to meet Lebanon's electricity need
Turkish company to meet Lebanon's electricity need

Two power-generating ships belonging to a Turkish company will meet electricity need of Lebanon for three years

 World Bulletin/News Desk

Two power-generating ships belonging to a Turkish company will meet electricity need of Lebanon for three years.

Karadeniz Holding and Lebanon Energy and Water Ministry signed an agreement in Beirut. Lebanese Energy & Water Minister Gibran Bassil, Turkish Ambassador in Beirut Inan Ozyildiz, Karadeniz Holding Executive Board Chairman Orhan Karadeniz and other officials attended the penning ceremony.

Bassil said that they hoped that the two ships would arrive in Lebanon soon and solve electricity shortage of the country.

Ozyildiz said that the agreement worth 390 million USD was of great importance for the two countries, stating that within the scope of the agreement, Lebanon would use two electricity generator ships for its electricity shortage.
Turkey attached a great importance to stability of Lebanon, the ambassador said.

Under the agreement, the first ship will dock at the port 120 days later and the second will arrive in Lebanon 180 days later.



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