News - Middle East: Iranian Foreign Minister Hossein Amir-Abdollahian says Tehran is ready to help build power stations in Lebanon to end a decades-old electricity shortage crisis in the Arab country.

Addressing a press conference in Beirut on Friday, Amir-Abdollahian said Iran has on many occasions offered its proposals to solve the crisis in Lebanon and is now ready to send technical and engineering teams to Beirut in order to build power plants to generate 2,000MW electricity.
He said major Iranian companies have built power plants in the neighboring states and other countries across the world, saying, "This contract is to the benefit of both sides."
Iran welcomes any initiative aimed at settling the problem of electricity and energy shortage in Lebanon at the earliest, he said.
Lebanon has been mired in an economic crisis that the World Bank has dubbed one of the worst in recent history, which comes amid crippling sanctions imposed by the US and its allies. The Lebanese pound has lost more than 95 percent of its value on the black market since 2019.
The Arab country has also been beset by a severe fuel crisis that has left many households and businesses struggling with recurrent power outages, while its economic meltdown since 2019 has slowed down imports of fuel for government plants.
Last year, Iran supplied much-needed fuel shipments to Lebanon via Syria after the Lebanese Hezbollah resistance movement asked for Iranian help to ease the energy shortage in the Arab country.