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By Reuters Staff 2 Min Read BEIRUT (Reuters) - Lebanon’s energy ministry cannot pay for fuel to generate electricity beyond March unless more financing is approved, the caretaker energy minister said on Tuesday. Slideshow ( 2 images ) Lebanon, which is grappling with a deep financial crisis triggered by a mountain of debt, already lacks power generation capacity, so homes and businesses face power cuts for several hours each day, forcing many to turn to private generators. “We are headed towards a difficult situation, if there is no fuel there will be no electricity,” Raymond Ghajar told Reuters. The minister said he had asked the president, the caretaker prime minister and head of parliament to approve an emergency loan for the state power company worth 1,500 billion Lebanese pounds ($996 million at the official rate) to buy more fuel.

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