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
17
o
Bekaa
8
o
Keserwan
20
o
Metn
20
o
Mount Lebanon
10
o
North
13
o
South
15
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Wadaan
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
17
o
Bekaa
8
o
Keserwan
20
o
Metn
20
o
Mount Lebanon
10
o
North
13
o
South
15
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 | 07:26
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
Finance minister signs decree granting August bonus to military personnel
Recommended For You
d-none hideMe
0
Lebanon News
2025-12-19
PM Salam unveils draft law to recover deposits, restore financial order
Lebanon News
2025-12-19
PM Salam unveils draft law to recover deposits, restore financial order
0
News Bulletin Reports
2025-12-17
Lebanon imposes stricter rules on cash transfers
News Bulletin Reports
2025-12-17
Lebanon imposes stricter rules on cash transfers
0
Lebanon Economy
2025-12-16
Lebanon updates fuel prices
Lebanon Economy
2025-12-16
Lebanon updates fuel prices
0
Lebanon Economy
2025-12-15
Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say
Lebanon Economy
2025-12-15
Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
13:05
Syria warns of halting cooperation with Lebanon as progress continues on Syrian prisoners issue
News Bulletin Reports
13:05
Syria warns of halting cooperation with Lebanon as progress continues on Syrian prisoners issue
0
News Bulletin Reports
2025-10-24
Recasting the political scene: Will a new Sunni power emerge in Lebanon's 2026 elections?
News Bulletin Reports
2025-10-24
Recasting the political scene: Will a new Sunni power emerge in Lebanon's 2026 elections?
0
Variety and Tech
2025-12-15
Director Rob Reiner and wife found dead at Los Angeles home: US media
Variety and Tech
2025-12-15
Director Rob Reiner and wife found dead at Los Angeles home: US media
0
Lebanon News
2025-12-16
Israel strikes vehicle between Markaba and Odaisseh in South Lebanon
Lebanon News
2025-12-16
Israel strikes vehicle between Markaba and Odaisseh in South Lebanon
Videos
d-none hideMe
0
Lebanon News
2025-12-02
Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)
Lebanon News
2025-12-02
Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)
0
Lebanon News
2025-12-02
At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)
Lebanon News
2025-12-02
At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)
0
Lebanon News
2025-12-02
At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)
Lebanon News
2025-12-02
At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)
0
Lebanon News
2025-12-02
Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video
Lebanon News
2025-12-02
Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video
0
Lebanon News
2025-12-01
Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here
Lebanon News
2025-12-01
Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here
0
Lebanon News
2025-12-01
Pope Leo XIV moved by youth turnout in Bkerke: Video
Lebanon News
2025-12-01
Pope Leo XIV moved by youth turnout in Bkerke: Video
0
Middle East News
2025-11-27
Pope Leo leaves for Istanbul—Video
Middle East News
2025-11-27
Pope Leo leaves for Istanbul—Video
0
Middle East News
2025-11-27
Pope Leo arrives at Turkey's Presidential Palace—Video
Middle East News
2025-11-27
Pope Leo arrives at Turkey's Presidential Palace—Video
0
Middle East News
2025-11-27
Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video
Middle East News
2025-11-27
Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
05:29
Lebanese actor Walid al-Alayli dies at 65
Lebanon News
05:29
Lebanese actor Walid al-Alayli dies at 65
2
News Bulletin Reports
13:00
Israeli military signals readiness for broader Lebanon operation pending political decision—the details
News Bulletin Reports
13:00
Israeli military signals readiness for broader Lebanon operation pending political decision—the details
3
News Bulletin Reports
13:05
Syria warns of halting cooperation with Lebanon as progress continues on Syrian prisoners issue
News Bulletin Reports
13:05
Syria warns of halting cooperation with Lebanon as progress continues on Syrian prisoners issue
4
Lebanon News
09:02
PM Salam: First phase of weapons control south of the Litani nearing completion
Lebanon News
09:02
PM Salam: First phase of weapons control south of the Litani nearing completion
5
Lebanon News
05:01
PM Salam hosts Irish prime minister, southern situation highlighted in Beirut meeting
Lebanon News
05:01
PM Salam hosts Irish prime minister, southern situation highlighted in Beirut meeting
6
Lebanon News
04:12
State media: Israeli drone hovers over Beirut, southern suburbs
Lebanon News
04:12
State media: Israeli drone hovers over Beirut, southern suburbs
7
Middle East News
07:53
Israeli patrol advances into Al-Qunaitra, sets up temporary checkpoint: SANA
Middle East News
07:53
Israeli patrol advances into Al-Qunaitra, sets up temporary checkpoint: SANA
8
Middle East News
10:16
NBC News: Netanyahu plans to brief Trump on possible new strikes on Iran
Middle East News
10:16
NBC News: Netanyahu plans to brief Trump on possible new strikes on Iran
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