News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
28
o
Bekaa
21
o
Keserwan
28
o
Metn
28
o
Mount Lebanon
21
o
North
26
o
South
25
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Nharkom Said
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
28
o
Bekaa
21
o
Keserwan
28
o
Metn
28
o
Mount Lebanon
21
o
North
26
o
South
25
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
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
Fueling corruption: How gas stations profit by manipulating exchange rates
Lebanon Economy
28-04-2023 | 08:26
High views
Share
Share
2
min
Fueling corruption: How gas stations profit by manipulating exchange rates
If a gas station calculated 20 dollars based on an exchange rate of 95,000 Lebanese lira rather than 97,500, the station is therefore making an extra profit of 44,000 Lebanese lira more than the government's price.
The Ministry of Energy determines the price of 20 liters in Lebanese lira and sets the exchange rate. Therefore, gas stations are required to abide by this price to price the tank in dollars.
However, it is clear that some gas stations are not complying with the price.
Sources from gas station owners confirm that manipulation of the exchange rate is often done by employees.
At the end of the day, the station owner collects the revenues from employers according to the liters meter on the machine and the exchange rate set by the application.
The Ministry of Energy has confirmed that this practice is illegal and encouraged any citizen who observes pricing violations to file a complaint with the Ministry of Economy through the Consumer Protection Lebanon application or the hotline at 1739.
In any case, it is best to avoid all of this hassle and any manipulation of the exchange rate by sticking to paying in Lebanese liras.
Lebanon News
Lebanon Economy
News Bulletin Reports
Corruption
Lebanon
Gas Station. Exchange Rate
Next
President Aoun emphasizes importance of agricultural sector, highlights efforts to boost exports to Gulf countries
Recommended For You
d-none hideMe
0
News Bulletin Reports
2025-09-16
Bills and illnesses: The high cost of Lebanon's power shortage
News Bulletin Reports
2025-09-16
Bills and illnesses: The high cost of Lebanon's power shortage
0
Lebanon Economy
2025-09-16
Lebanon sees increase in fuel prices
Lebanon Economy
2025-09-16
Lebanon sees increase in fuel prices
0
News Bulletin Reports
2025-09-15
Say goodbye to cash: Lebanon to allow card payments for taxes and fees
News Bulletin Reports
2025-09-15
Say goodbye to cash: Lebanon to allow card payments for taxes and fees
0
News Bulletin Reports
2025-09-12
Cracking down on smuggling: Key reform for Lebanon’s economy
News Bulletin Reports
2025-09-12
Cracking down on smuggling: Key reform for Lebanon’s economy
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
03:20
Retired soldiers block roads with burning tires in Beirut and Tripoli (Video)
Lebanon News
03:20
Retired soldiers block roads with burning tires in Beirut and Tripoli (Video)
0
Lebanon News
2025-08-07
Hezbollah Bloc slams government over US proposals, warns of threats to Lebanon’s sovereignty
Lebanon News
2025-08-07
Hezbollah Bloc slams government over US proposals, warns of threats to Lebanon’s sovereignty
0
Lebanon News
13:52
Israeli airstrike kills two in Baalbek: Health Ministry
Lebanon News
13:52
Israeli airstrike kills two in Baalbek: Health Ministry
0
Israel-Gaza War Updates
2025-04-19
Hamas says fate of US-Israeli hostage Edan Alexander unknown after strike
Israel-Gaza War Updates
2025-04-19
Hamas says fate of US-Israeli hostage Edan Alexander unknown after strike
Videos
d-none hideMe
0
Lebanon News
2025-09-07
Lunar eclipse captivates Lebanon: watch the stunning video
Lebanon News
2025-09-07
Lunar eclipse captivates Lebanon: watch the stunning video
0
Lebanon News
2025-08-31
LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes
Lebanon News
2025-08-31
LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes
0
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
0
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
0
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
0
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
0
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
0
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
06:18
Hezbollah MP says Israel creating buffer zone as Lebanon’s government ‘fails’ to act
Lebanon News
06:18
Hezbollah MP says Israel creating buffer zone as Lebanon’s government ‘fails’ to act
2
Lebanon News
08:48
Hezbollah’s Naim Qassem hails pager blast wounded as ‘light guiding the path’
Lebanon News
08:48
Hezbollah’s Naim Qassem hails pager blast wounded as ‘light guiding the path’
3
Lebanon News
03:20
Retired soldiers block roads with burning tires in Beirut and Tripoli (Video)
Lebanon News
03:20
Retired soldiers block roads with burning tires in Beirut and Tripoli (Video)
4
Lebanon News
13:07
Israeli airstrike targets car in Baalbek, casualties reported
Lebanon News
13:07
Israeli airstrike targets car in Baalbek, casualties reported
5
News Bulletin Reports
13:10
Beirut Port explosion investigation turns a corner with arrest of MV Rhosus owner
News Bulletin Reports
13:10
Beirut Port explosion investigation turns a corner with arrest of MV Rhosus owner
6
Lebanon News
13:52
Israeli airstrike kills two in Baalbek: Health Ministry
Lebanon News
13:52
Israeli airstrike kills two in Baalbek: Health Ministry
7
News Bulletin Reports
12:49
A year later: Inside Israel’s unprecedented pager attack on Hezbollah
News Bulletin Reports
12:49
A year later: Inside Israel’s unprecedented pager attack on Hezbollah
8
News Bulletin Reports
13:00
High-stakes Israeli-Syrian security talks held in London ahead of UN summit
News Bulletin Reports
13:00
High-stakes Israeli-Syrian security talks held in London ahead of UN summit
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More