After Algeria, Iraq reinforces Lebanon’s heavy fuel oil supply

Lebanon obtains crucial support from Iraq with an increase in heavy fuel oil deliveries to 125,000 tonnes in August, aimed at keeping its power plants operational in the midst of the crisis.

Share:

Strengthening energy supply Lebanon

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Iraq has confirmed a significant increase in its exports of heavy fuel oil to Lebanon, crucial in alleviating the country’s severe energy crisis.
The volume of shipments has been increased to 125,000 tonnes in August, compared with 100,000 tonnes previously.
This initiative responds to the emergency caused by the depletion of reserves at the Zahrani power plant, leading to major blackouts throughout Lebanon.
Lebanon’s power plants, heavily dependent on imports, have been suffering the effects of a deep economic crisis since 2019, exacerbated by the devaluation of the Lebanese pound.
This situation considerably complicates the acquisition of fuel in foreign currencies, mainly US dollars.
The Lebanese Minister of Energy, Walid Fayad, stressed that this increase in Iraqi deliveries is essential to maintain minimum electricity production.

Logistical challenges and diversification of supply sources

Although Iraq is a key partner in this crisis, delays due to logistical and technical problems have recently disrupted deliveries.
These challenges illustrate Lebanon’s vulnerability when it depends on a single source for its energy supplies.
In order to reduce this dependence, negotiations are underway with Algeria to diversify fuel imports, which could offer increased energy security.
Iraqi heavy fuel oil exports reached a record level in July, at 574,000 barrels per day.
This increase testifies to Iraq’s ability to respond rapidly to the growing energy needs of its partners, despite the infrastructural limitations of Lebanon, which cannot process this type of fuel directly.
The current model therefore relies on the resale of this fuel to finance the purchase of a compatible alternative.

The need for proactive energy sector management

Lebanon’s energy situation remains extremely fragile.
The increase in Iraqi supplies, while necessary in the short term, highlights the importance of more robust management strategies and diversification of supply sources to guarantee long-term stability.
Dependence on temporary solutions exposes the country to repeated risks of power cuts, severely impacting the economy and the daily lives of the Lebanese people.
The urgent need for a more integrated and diversified approach to managing energy resources is indisputable.
Sector players need to consider sustainable options for securing energy supplies and mitigating the structural vulnerabilities that compromise the country’s electricity production.

The two countries agreed to develop infrastructure dedicated to liquefied natural gas to strengthen Europe's energy security and boost transatlantic trade.
Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.
The Ukrainian president demanded that Slovakia end its imports of Russian crude, offering an alternative supply solution amid ongoing war and growing diplomatic tensions over the Druzhba pipeline.
The United States cuts tariffs on Japanese imports to 15%, while Tokyo launches a massive investment plan targeting American energy, industry, and agriculture.
Brazil’s Cop 30 presidency aims to leverage the Dubai commitments to mobilise public and private actors despite ongoing deadlock in international negotiations.
Brasília has officially begun the process of joining the International Energy Agency, strengthening its strategic position on the global energy stage after years of close cooperation with the Paris-based organisation.
During a meeting in Beijing, Vladimir Putin called on Slovakia to suspend its energy deliveries to Ukraine, citing Ukrainian strikes on Russian energy infrastructure as justification.
Vladimir Putin and Robert Fico met in China to address the war in Ukraine, regional security and energy relations between Russia and Slovakia.
Slovak Prime Minister Robert Fico plans to meet Vladimir Putin in Beijing before receiving Volodymyr Zelensky in Bratislava, marking a diplomatic shift in his relations with Moscow and Kyiv.
The three European powers activate the UN sanctions mechanism against Iran, increasing pressure on the country's oil exports as Tehran maintains high production despite Western measures.
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
First suspect linked to the Nord Stream pipeline explosions, a Ukrainian citizen challenged by Berlin opposes his judicial transfer from Italy.
Ukrainian drones targeted a nuclear power plant and a Russian oil terminal, increasing pressure on diplomatic talks as Moscow and Kyiv accuse each other of blocking any prospect of negotiation.
A Ukrainian national suspected of coordinating the Nord Stream pipeline sabotage has been apprehended in Italy, reigniting a judicial case with significant geopolitical implications across Europe.
Russia continues hydrocarbon deliveries to India and explores new outlets for liquefied natural gas, amid escalating trade tensions with the United States.
Azerbaijani energy infrastructure targeted in Ukraine raises concerns over the security of gas flows between Baku and Kyiv, just as a new supply agreement has been signed.
The suspension of 1,400 MW of electricity supplied by Iran to Iraq puts pressure on the Iraqi grid, while Tehran records a record 77 GW demand and must balance domestic consumption with regional obligations.
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.
Around 80 Russian technical standards for oil and gas have been internationally validated, notably by the United Arab Emirates, Algeria and Oman, according to the Institute of Oil and Gas Technological Initiatives.

Log in to read this article

You'll also have access to a selection of our best content.