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Gasoline and diesel prices rise in Lebanon, starting today


The General Directorate of Oil of the Lebanese Ministry of Energy and Water raised fuel prices, starting today, Wednesday, bringing the price of 20 liters of "98-octane gasoline" to 43,000 pounds, while the price of "20 liters" of gasoline 95 reached 41,800 pounds, and the price of diesel was 30,000 pounds.


The General Directorate of Oil of the Ministry of Energy and Water stated that it obligated the owners of the stations to announce the selling price of fuel prominently in their stations and to work with these prices starting today.


She pointed out that the increase in the price of "20 liters" of 95 and 98 octane gasoline amounted to 900 pounds, while the increase in the price of diesel reached 1,400 pounds, and the price of a gas tube dropped 300 pounds to 25,200 pounds.


It is noteworthy that Lebanon is witnessing a crisis in the provision of fuel at the stations as a result of the economic crisis, as well as the difference in the exchange rate of the local currency against the US dollar, where the official exchange rate reaches 1500 Lebanese pounds to the dollar, while the unofficial market exchange rate exceeded the barrier of 13,500 pounds to the dollar.


Lebanon is witnessing a breakthrough in a number of crises, most notably the provision of the necessary fuel to operate the Electricité du Liban and the development of a plan to return the money of depositors in banks after nearly a year and a half of freezing their foreign currency accounts.

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