The prices in Lebanese pounds of gasoline and heating oil, as well as gas cylinders recorded a second consecutive increase since Monday.
According to new prices published by the Departments of Energy and Water, 20 liters of gasoline at 95 and 98 octane increase slightly by 2,000 pounds and now sell for 679,000 and 690,000 pounds respectively, i.e. 10,000 and 11,000 pounds more than the level reached last Friday.
The price of 20 liters of diesel sold at the pump for vehicles that consume it (mainly certain buses and trucks) has been increased by 17,000 pounds to reach 779,000 LL, significantly more than the 752,000 pounds before the weekend .
The price of domestic gas canisters has followed a similar trajectory, rising 6,000 pounds since Monday to 362,000 pounds, 10,000 pounds higher than last Friday’s level.
The only relative good news for the consumer is the price in dollars of fuel oil consumed by private generators, an essential palliative for producing electricity in a country where the public electricity supplier struggles to supply homes for more than a handful of hours per day, is now at $1,255 a tonne, $4 lower than its level since Friday. The bad surprise is that the transport costs per tonne have been amended for the first time in several months, going from 325,000 pounds to 526,000 pounds. An increase which did not appear in the new price list but which was communicated to L’Orient-Le Jour by the union of service station owners.
This rise of 201,000 pounds absorbs the economy linked to the fall of 4 dollars per ton (ie between 116,000 and 117,000 pounds yesterday at the rate of 29,200 pounds for one dollar reached at the end of the day on the foreign exchange market).
Lebanon, already hit by an unprecedented economic crisis, is hard hit by the rise in world prices following the invasion of Ukraine by Russia on February 24.
The prices in Lebanese pounds of gasoline and heating oil, as well as gas cylinders recorded a second consecutive increase since Monday. According to new prices published by the Departments of Energy and Water, 20 liters of gasoline at 95 and 98 octane increase slightly by 2,000 pounds and are now selling for 679,000 and…