News
Latest News
news bulletin
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Other News
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Beirut
15
o
Mount Lebanon
15
o
Metn
15
o
Keserwan
15
o
North
16
o
South
15
o
Bekaa
10
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Ma Tfaker Marten
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
15
o
Mount Lebanon
15
o
Metn
15
o
Keserwan
15
o
North
16
o
South
15
o
Bekaa
10
o
News
Programs
The News
Breaking Headlines
Lebanon News
Press Highlights
World
Lebanon Economy
News Bulletin Reports
Variety
Middle East
Sports
Programs
Series
Talk Show
News Bulletin
Oldies
Variety
Comedy
Other
Sports
Documentaries
The Untold History
New Year Shows
Lebanon’s Centennial
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Lebanese queue for gasoline again as fuel crisis returns
Lebanon Economy
2022-12-28 | 11:02
High views
Share
Share
2
min
Lebanese queue for gasoline again as fuel crisis returns
It was thought that the scenes of queues at gas stations had gone irreversibly after the price of gasoline was no longer linked to the Sayrafa exchange rate until the governor of the Central Bank re-linked gasoline to the platform, indirectly, by issuing a decision allowing the purchase dollars through Sayrafa at 38,000 Liras without a ceiling.
BDL's decision was followed by another decision issued by the Ministry of Energy on Wednesday morning. The new Sayrafa exchange rate was adopted to determine the price of gasoline.
A decision according to which the price of 20L of gasoline decreased by approximately 140,000 Liras. Still, the ministry linked the success of its decision to securing dollars for companies and individuals at the Sayrafa exchange rate by BDL and the banks.
The oil-importing companies and gas station owners went to the banks to buy the dollar at the new Sayrafa exchange rate. Still, the banks refused, explaining this first by the lack of clarity on the mechanism for implementing the decision issued by BDL and, secondly, by the exhaustion of the monthly quota allocated to them by BDL for exchanging Liras for dollars.
This refusal led to confusion in the market, so several stations lifted their hoses, fearing loss.
This confusion necessitated a meeting in the Ministry of Energy, which included Minister Walid Fayyad, representatives of the stations and distributors of fuel and gas, in which it was agreed to work to find a solution that would protect the owners of the stations and the citizen alike.
BDL sources confirmed to LBCI that the mechanism for buying dollars through Sayrafa is precise, noting that the mechanism for implementing the process may take 48 hours for banks.
BDL also issued a statement, asking those whose banks were late to accept requests to buy dollars, to go to Al-Mawarid bank to complete the process.
Breaking Headlines
Lebanon News
Lebanon Economy
Lebanon
Gasoline
Fuel
Gas
Next
Gas stations shut down following radical decline in official price
BDL raises Sayrafa exchange rate to 38,000 LBP
Previous
Related Articles
d-none hideMe
0
Lebanon News
2023-03-20
Fuel prices hit new highs, surpassing LBP 2,000,000 for 20 liters of 95-octane gasoline
Lebanon News
2023-03-20
Fuel prices hit new highs, surpassing LBP 2,000,000 for 20 liters of 95-octane gasoline
0
Lebanon Economy
05:36
Price of gasoline increases 15000 LBP
Lebanon Economy
05:36
Price of gasoline increases 15000 LBP
0
Lebanon Economy
2023-03-28
Price of gasoline sees slight drop
Lebanon Economy
2023-03-28
Price of gasoline sees slight drop
0
Lebanon Economy
2023-03-27
Price of gasoline drops 28000 LBP
Lebanon Economy
2023-03-27
Price of gasoline drops 28000 LBP
Recommended For You
d-none hideMe
0
Lebanon Economy
11:06
Syrian refugees crisis: A demographic and economic time bomb
Lebanon Economy
11:06
Syrian refugees crisis: A demographic and economic time bomb
0
Lebanon Economy
09:48
From US to Lebanon: Lessons learned from air traffic controllers' strike
Lebanon Economy
09:48
From US to Lebanon: Lessons learned from air traffic controllers' strike
0
Lebanon Economy
05:36
Price of gasoline increases 15000 LBP
Lebanon Economy
05:36
Price of gasoline increases 15000 LBP
0
Lebanon Economy
2023-03-30
Lebanon agrees to raise minimum wage in private sector to LBP 9 million
Lebanon Economy
2023-03-30
Lebanon agrees to raise minimum wage in private sector to LBP 9 million
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
10:19
Lebanon's path to reconciliation: Learning from apartheid and slavery
News Bulletin Reports
10:19
Lebanon's path to reconciliation: Learning from apartheid and slavery
0
World
2023-03-30
US prosecutors move to drop Libor case against ex-SocGen bankers
World
2023-03-30
US prosecutors move to drop Libor case against ex-SocGen bankers
0
Lebanon News
05:46
Famine threatens thousands of prisoners in Lebanon: report
Lebanon News
05:46
Famine threatens thousands of prisoners in Lebanon: report
0
Lebanon Economy
09:48
From US to Lebanon: Lessons learned from air traffic controllers' strike
Lebanon Economy
09:48
From US to Lebanon: Lessons learned from air traffic controllers' strike
Videos
d-none hideMe
0
Variety
2023-03-16
BAM Leb mobile app launched to revolutionize Lebanon's tourism, culture experience
Variety
2023-03-16
BAM Leb mobile app launched to revolutionize Lebanon's tourism, culture experience
0
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
0
Lebanon News
2023-01-25
Beirut blast investigations: The latest
Lebanon News
2023-01-25
Beirut blast investigations: The latest
0
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
0
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
0
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
0
News Bulletin Reports
2022-12-07
FPM likely to ditch white ballots following disagreement with Hezbollah
News Bulletin Reports
2022-12-07
FPM likely to ditch white ballots following disagreement with Hezbollah
0
Lebanon News
2022-12-07
Bassil sparks debate on long-awaited decentralization reform
Lebanon News
2022-12-07
Bassil sparks debate on long-awaited decentralization reform
0
Lebanon Economy
2022-12-07
Israel has recruited hundreds of spies, making use of Lebanon's collapse
Lebanon Economy
2022-12-07
Israel has recruited hundreds of spies, making use of Lebanon's collapse
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
05:46
Famine threatens thousands of prisoners in Lebanon: report
Lebanon News
05:46
Famine threatens thousands of prisoners in Lebanon: report
2
Variety
08:18
Lebanese woman climbs summit closest to the sun
Variety
08:18
Lebanese woman climbs summit closest to the sun
3
Lebanon News
06:14
MP Moneimneh to LBCI: We will reject any settlement that comes at expense of Lebanese
Lebanon News
06:14
MP Moneimneh to LBCI: We will reject any settlement that comes at expense of Lebanese
4
Lebanon Economy
05:36
Price of gasoline increases 15000 LBP
Lebanon Economy
05:36
Price of gasoline increases 15000 LBP
5
Middle East
05:26
Greek defense minister to visit earthquake-hit regions in Turkey
Middle East
05:26
Greek defense minister to visit earthquake-hit regions in Turkey
6
Lebanon News
05:23
UNIFIL urges coordination along Blue Line to avoid actions that could cause tensions
Lebanon News
05:23
UNIFIL urges coordination along Blue Line to avoid actions that could cause tensions
7
Lebanon Economy
09:48
From US to Lebanon: Lessons learned from air traffic controllers' strike
Lebanon Economy
09:48
From US to Lebanon: Lessons learned from air traffic controllers' strike
8
Lebanon News
06:12
Attieh to LBCI: Parliamentary committees are effective and active, cover gov's shortfall
Lebanon News
06:12
Attieh to LBCI: Parliamentary committees are effective and active, cover gov's shortfall
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store