Despite an unprecedented rise in all fuel prices, Thursday morning, gasoline queues continue in front of stations, in a sign of the renewed crisis that coincided with a crazy rise in the black market dollar exchange rate.
The Ministry of Energy and Water – the General Directorate of Oil issued a new table of fuel prices, which showed an increase in the price of gasoline 95 and 98 octane by 17,000 pounds, diesel 65,000 pounds, and gas 33,000 pounds.
The prices became as follows:
Gasoline 95 octane 559,000 lira
Gasoline 98 octane 569,000 pounds
Diesel 680,000 liras
Gas 408,000 liras
Abu Chakra: We have agreed in the Ministry of Energy on some items regarding the exchange rate and the dollar of diesel fuel
In turn, the representative of fuel distributors, Fadi Abu Shakra, indicated that “the black market dollar exchange rate exceeded 30,000 pounds, which led to a rise in fuel prices.”
Abu Chakra stressed in a radio interview that “if the dollar exchange rate is not fixed with the World Bank and the Banque du Liban, concern will continue to haunt the Lebanese citizen.”
