Republic of Lebanon : Hydrocarbon Strategy Study

The power sector in Lebanon is dominated by the national electric utility, Electricite du Liban (EdL), which is organized under the Ministry of Energy and Water (MEW). EdL's assets, human resources, and administrative facilities were severely...

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Main Author: World Bank
Format: Energy Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/06/4958201/lebanon-hydrocarbon-strategy-study
http://hdl.handle.net/10986/15684
id okr-10986-15684
recordtype oai_dc
spelling okr-10986-156842021-04-23T14:03:17Z Republic of Lebanon : Hydrocarbon Strategy Study World Bank ALTERNATIVE SOURCES OF ENERGY BARREL CARBON CARBON DIOXIDE CONSTRUCTION CRUDE OIL CYCLE GAS DIESEL DIESEL FUEL DOWNSTREAM GAS DOWNSTREAM GAS SECTOR EFFICIENCY IMPROVEMENTS ELECTRIC POWER ELECTRICITY ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ENERGY BALANCE ENERGY DEMAND ENERGY EFFICIENCY ENVIRONMENTAL BENEFITS FOSSIL ENERGY FOSSIL FUEL FOSSIL FUEL RESOURCES FUEL FUEL COST FUEL PRODUCTS FUELS GAS GAS AND ELECTRICITY GAS CONSUMPTION GAS CONTRACTS GAS DEMAND GAS IMPORT GAS IMPORTS GAS INDUSTRY GAS LEGISLATION GAS MARKET GAS NETWORK GAS OIL GAS PIPELINE GAS PIPELINE PROJECT GAS POTENTIAL GAS RESERVES GAS SECTOR GAS STRATEGY GAS SUPPLY GAS TURBINES GAS USAGE GAS USE GASOLINE HEAVY DISTILLATES HEAVY FUEL OIL HOUSE GAS INCOME INDIGENOUS OIL INDUSTRIAL SECTOR JET ENGINES KEROSENE LEADED GASOLINE MAIN GRID NATURAL GAS NATURAL GAS SECTOR NITROGEN NITROGEN OXIDES OIL OIL AND GAS OIL CORPORATION OIL IMPORT OIL PRICE OIL PRICES OIL PRODUCTS OIL RESERVES PETROLEUM PETROLEUM GAS PETROLEUM MARKET PETROLEUM MARKETS PETROLEUM PRODUCTS PETROLEUM SECTOR PIPELINE PIPELINES POWER GENERATION POWER PLANTS PRICE ELASTICITY PRIMARY ENERGY REFINED OIL REFINERIES REFINERY REFINING REGIONAL GAS PIPELINE REGULATORY DECISIONS SULFUR TOTAL ENERGY TOTAL ENERGY DEMAND TRANSPORT SECTOR URBAN AREAS WIND The power sector in Lebanon is dominated by the national electric utility, Electricite du Liban (EdL), which is organized under the Ministry of Energy and Water (MEW). EdL's assets, human resources, and administrative facilities were severely damaged during the period of civil war in Lebanon, and most efforts in the post-war period have been on the rehabilitation of assets, with a lesser focus on strengthening the company from an institutional, administrative, and financial perspective. As a result, the company is characterized by lack of technical and managerial capacity, lack of systems to manage and monitor performance, and a weak financial situation, with close to US$400 million in deficit every year and a quickly deteriorating balance sheet (retained losses now exceed US$1 billion). At the operational level, losses, primarily nontechnical, are approaching 50 percent and continued transmission constraints and unreliable service have resulted in a surge in self-generation. Attempts to privatize EdL have failed because of the lack of financial performance required to attract investors. The government is very concerned about the fiscal drain EdL poses and is seeking options to improve the company's, and the sector's, performance. As an immediate priority, the Government of Lebanon should (a) put measures in place to improve the financial and operational performance of EdL (through, inter alia, the introduction of an interim Management Contract); and (b) in parallel, develop a long-term strategy for reforming and restructuring the sector with a view of increased level of private sector participation in the financing and operation of the sector and efficient competition. 2013-09-05T20:51:56Z 2013-09-05T20:51:56Z 2004-06-30 http://documents.worldbank.org/curated/en/2004/06/4958201/lebanon-hydrocarbon-strategy-study http://hdl.handle.net/10986/15684 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work Middle East and North Africa Lebanon
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ALTERNATIVE SOURCES OF ENERGY
BARREL
CARBON
CARBON DIOXIDE
CONSTRUCTION
CRUDE OIL
CYCLE GAS
DIESEL
DIESEL FUEL
DOWNSTREAM GAS
DOWNSTREAM GAS SECTOR
EFFICIENCY IMPROVEMENTS
ELECTRIC POWER
ELECTRICITY
ELECTRICITY DEMAND
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY PRODUCTION
ELECTRICITY SECTOR
ENERGY BALANCE
ENERGY DEMAND
ENERGY EFFICIENCY
ENVIRONMENTAL BENEFITS
FOSSIL ENERGY
FOSSIL FUEL
FOSSIL FUEL RESOURCES
FUEL
FUEL COST
FUEL PRODUCTS
FUELS
GAS
GAS AND ELECTRICITY
GAS CONSUMPTION
GAS CONTRACTS
GAS DEMAND
GAS IMPORT
GAS IMPORTS
GAS INDUSTRY
GAS LEGISLATION
GAS MARKET
GAS NETWORK
GAS OIL
GAS PIPELINE
GAS PIPELINE PROJECT
GAS POTENTIAL
GAS RESERVES
GAS SECTOR
GAS STRATEGY
GAS SUPPLY
GAS TURBINES
GAS USAGE
GAS USE
GASOLINE
HEAVY DISTILLATES
HEAVY FUEL OIL
HOUSE GAS
INCOME
INDIGENOUS OIL
INDUSTRIAL SECTOR
JET ENGINES
KEROSENE
LEADED GASOLINE
MAIN GRID
NATURAL GAS
NATURAL GAS SECTOR
NITROGEN
NITROGEN OXIDES
OIL
OIL AND GAS
OIL CORPORATION
OIL IMPORT
OIL PRICE
OIL PRICES
OIL PRODUCTS
OIL RESERVES
PETROLEUM
PETROLEUM GAS
PETROLEUM MARKET
PETROLEUM MARKETS
PETROLEUM PRODUCTS
PETROLEUM SECTOR
PIPELINE
PIPELINES
POWER GENERATION
POWER PLANTS
PRICE ELASTICITY
PRIMARY ENERGY
REFINED OIL
REFINERIES
REFINERY
REFINING
REGIONAL GAS PIPELINE
REGULATORY DECISIONS
SULFUR
TOTAL ENERGY
TOTAL ENERGY DEMAND
TRANSPORT SECTOR
URBAN AREAS
WIND
spellingShingle ALTERNATIVE SOURCES OF ENERGY
BARREL
CARBON
CARBON DIOXIDE
CONSTRUCTION
CRUDE OIL
CYCLE GAS
DIESEL
DIESEL FUEL
DOWNSTREAM GAS
DOWNSTREAM GAS SECTOR
EFFICIENCY IMPROVEMENTS
ELECTRIC POWER
ELECTRICITY
ELECTRICITY DEMAND
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY PRODUCTION
ELECTRICITY SECTOR
ENERGY BALANCE
ENERGY DEMAND
ENERGY EFFICIENCY
ENVIRONMENTAL BENEFITS
FOSSIL ENERGY
FOSSIL FUEL
FOSSIL FUEL RESOURCES
FUEL
FUEL COST
FUEL PRODUCTS
FUELS
GAS
GAS AND ELECTRICITY
GAS CONSUMPTION
GAS CONTRACTS
GAS DEMAND
GAS IMPORT
GAS IMPORTS
GAS INDUSTRY
GAS LEGISLATION
GAS MARKET
GAS NETWORK
GAS OIL
GAS PIPELINE
GAS PIPELINE PROJECT
GAS POTENTIAL
GAS RESERVES
GAS SECTOR
GAS STRATEGY
GAS SUPPLY
GAS TURBINES
GAS USAGE
GAS USE
GASOLINE
HEAVY DISTILLATES
HEAVY FUEL OIL
HOUSE GAS
INCOME
INDIGENOUS OIL
INDUSTRIAL SECTOR
JET ENGINES
KEROSENE
LEADED GASOLINE
MAIN GRID
NATURAL GAS
NATURAL GAS SECTOR
NITROGEN
NITROGEN OXIDES
OIL
OIL AND GAS
OIL CORPORATION
OIL IMPORT
OIL PRICE
OIL PRICES
OIL PRODUCTS
OIL RESERVES
PETROLEUM
PETROLEUM GAS
PETROLEUM MARKET
PETROLEUM MARKETS
PETROLEUM PRODUCTS
PETROLEUM SECTOR
PIPELINE
PIPELINES
POWER GENERATION
POWER PLANTS
PRICE ELASTICITY
PRIMARY ENERGY
REFINED OIL
REFINERIES
REFINERY
REFINING
REGIONAL GAS PIPELINE
REGULATORY DECISIONS
SULFUR
TOTAL ENERGY
TOTAL ENERGY DEMAND
TRANSPORT SECTOR
URBAN AREAS
WIND
World Bank
Republic of Lebanon : Hydrocarbon Strategy Study
geographic_facet Middle East and North Africa
Lebanon
description The power sector in Lebanon is dominated by the national electric utility, Electricite du Liban (EdL), which is organized under the Ministry of Energy and Water (MEW). EdL's assets, human resources, and administrative facilities were severely damaged during the period of civil war in Lebanon, and most efforts in the post-war period have been on the rehabilitation of assets, with a lesser focus on strengthening the company from an institutional, administrative, and financial perspective. As a result, the company is characterized by lack of technical and managerial capacity, lack of systems to manage and monitor performance, and a weak financial situation, with close to US$400 million in deficit every year and a quickly deteriorating balance sheet (retained losses now exceed US$1 billion). At the operational level, losses, primarily nontechnical, are approaching 50 percent and continued transmission constraints and unreliable service have resulted in a surge in self-generation. Attempts to privatize EdL have failed because of the lack of financial performance required to attract investors. The government is very concerned about the fiscal drain EdL poses and is seeking options to improve the company's, and the sector's, performance. As an immediate priority, the Government of Lebanon should (a) put measures in place to improve the financial and operational performance of EdL (through, inter alia, the introduction of an interim Management Contract); and (b) in parallel, develop a long-term strategy for reforming and restructuring the sector with a view of increased level of private sector participation in the financing and operation of the sector and efficient competition.
format Economic & Sector Work :: Energy Study
author World Bank
author_facet World Bank
author_sort World Bank
title Republic of Lebanon : Hydrocarbon Strategy Study
title_short Republic of Lebanon : Hydrocarbon Strategy Study
title_full Republic of Lebanon : Hydrocarbon Strategy Study
title_fullStr Republic of Lebanon : Hydrocarbon Strategy Study
title_full_unstemmed Republic of Lebanon : Hydrocarbon Strategy Study
title_sort republic of lebanon : hydrocarbon strategy study
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/06/4958201/lebanon-hydrocarbon-strategy-study
http://hdl.handle.net/10986/15684
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