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Home Business

Cost of last year’s damage to electricity industry put at $1 bn

byMichel Cousins
April 19, 2012
Reading Time: 1 min read
A A

The cost of the damage to Libya’s energy sector in last year’s revolution has been put at one billon dollars by . . .[restrict]the director of the General Electricity Company of Libya.

Speaking on the sidelines of the annual meeting of the Euro-Mediterranean electricity cooperation forum (Medelec) which opened on Monday in the Jordanian capital Amman, the director said that it was only now that the full extent of last year’s damage was understood.

“We were able to repair 80 percent of the electricity network,” he said, but it had been difficult to determine the size of the losses.  He added that Qaddafi forces had destroyed 300 electricity distribution stations as well as 2,000 kilometers of lines, power plants, oil pipelines to electricity generating stations and fuel tanks. They had also destroyed power stations.  He said that  some 6,000 kilometre’s of distribution network had also been damaged.

  [/restrict]

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