Lebanon..raising fuel prices again

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The General Directorate of Oil in the Lebanese Ministry of Energy and Water issued a decision setting new prices for liquid fuels.

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Resolution No. 182 stipulated the following articles:

* Article 1: “The upper limit of the selling price of liquid fuels, delivered to the consumer, is determined in all Lebanese territories as follows:

– Canister of gasoline 98 octane: 209 thousand and 300 pounds (about 15 dollars for the equivalent of the Lebanese pound on the black market).
– Gasoline 95 can: 202 thousand and 400 pounds.
Diesel Oil Plate: 162 thousand and 700 pounds.

* Article Two: The owners of fuel stations must announce the selling price of fuel in a visible way on their station.

* Article Three: All decisions, memoranda and texts that contradict the provisions of this resolution or are inconsistent with its content shall be cancelled.

Article Four: This decision shall be communicated where needed and shall be implemented as soon as it is issued.

The Directorate also issued a decision setting the selling price of butane gas, as follows:

– Article Two: The upper limit of the selling price of a ton of liquid gas (butane 70% and propane 30% as a maximum) (Dumma) without distribution commission and without value-added tax, is set at 12,730,000 Lebanese pounds / ton, in addition to the replacement allowance for mineral gas bottles 390000 lbs/ton.

Article Three: The upper limit of the selling price of a liquid gas bottle, delivered to the consumer, is determined in all Lebanese territories as follows:

As for the “Lebanese pound for L.L./10 kg.”

– Liquid gas: sold at the filling center, including the replacement allowance for metal gas bottles 131200.

– Distribution commission 8000, and shop commission 500. Sales in the shop 139700.

Article Four: All gas sellers must publicly announce the selling price of the bottle.

Fifth Article: All decisions, memoranda, and texts that contradict the provisions of this resolution or are inconsistent with its content shall be cancelled.

Article Six: This decision shall be communicated where needed and shall be enforced immediately upon its issuance.

Source: “The New”





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