How will oil importing companies secure dollars?-[VIDEO]

News Bulletin Reports
09-08-2021 | 13:52
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How will oil importing companies secure dollars?-[VIDEO]
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How will oil importing companies secure dollars?-[VIDEO]
Head of the Syndicate of Owners of Oil Importing Companies Georges Fayyad explained to LBCI that the decision to lift subsidies on fuel is a political one, noting that the Syndicate is awaiting some solutions from the state.

He also stated that if subsidies on fuel are lifted, the price of gasoline and fuel oil canister will be around 20 US dollars, which equals to approximately 260000 Lebanese Pounds.




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