Abu Chakra: Fuel prices will increase tomorrow

Lebanon News
10-01-2022 | 11:23
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Abu Chakra: Fuel prices will increase tomorrow
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
Abu Chakra: Fuel prices will increase tomorrow

Fuel distributors’ representative in Lebanon Fadi Abu Chakra confirmed on Monday in an interview with the National News Agency that since the issuance of the latest fuel prices’ grid last Tuesday, fuel derivatives have been being distributed based on the price of LBP 28,000 per US dollar while the black market’s US dollar exchange rate has exceeded LBP 31,000.

 

“This is an outright cause of destruction and bankruptcy for institutions, fuel distributors, and gas station owners, as well as for Lebanese citizens who have been bearing the brunt of the extremely hefty prices,” Abou Chakra said. 

 

He went on to call on officials, especially the Central Bank Governor, to intervene quickly so as to bring the soaring price of the US dollar exchange rate to a halt.

 

Moreover, Abou Chakra announced that a new fuel prices’ grid would be issued tomorrow, and a rise in the price of gasoline, diesel, and gas was expected in line with the rise of the US dollar exchange rate.

 

“We support Thursday's rally,” he added, pointing out that fuel will not be distributed on Thursday “because the demands of the transport unions are righteous, and they represent those of every Lebanese citizen."

Breaking Headlines

Lebanon News

Abu Chakra

Fuel

Lebanon

LBCI Next
Source close to Hezbollah says Israel strike targeted Palestinian affairs official
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