Loading...
Market
Will Lebanon restore nationwide electricity supply by Sept 18, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from Electricité du Liban (EDL) or Lebanese government
Story
Algeria to Supply Fuel to Lebanon Amid Power Outage
Aug 18, 2024, 02:07 PM
Algeria has announced an immediate supply of fuel to Lebanon to address the country's electricity crisis. This decision comes after Lebanon's electricity company, Electricité du Liban (EDL), declared a complete nationwide power outage due to exhausted fuel supplies. The Algerian President has ordered the dispatch of fuel oil to help Lebanon restore electricity, including at critical facilities such as the airport. Algerian state radio and Lebanese government statements confirmed the move, highlighting the urgency of the situation.
View original story
Similar markets
Yes • 50%
No • 50%
Minimal impact • 25%
Moderate impact • 25%
Severe impact • 25%
Catastrophic impact • 25%
Yes • 50%
No • 50%
New safety regulations • 25%
Ban on certain solar energy systems • 25%
Government subsidies for safer systems • 25%
No significant action • 25%
Yes • 50%
No • 50%
Fuel rationing • 25%
Subsidies for fuel imports • 25%
Energy sector reforms • 25%
Other • 25%