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
22
o
Mount Lebanon
23
o
Metn
24
o
Keserwan
24
o
North
23
o
South
22
o
Bekaa
20
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Al Majhoul
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
22
o
Mount Lebanon
23
o
Metn
24
o
Keserwan
24
o
North
23
o
South
22
o
Bekaa
20
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
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
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
Three unloaded oil vessels cost treasury millions due to political vendettas
News Bulletin Reports
2023-01-06 | 12:48
High views
Share
Share
3
min
Three unloaded oil vessels cost treasury millions due to political vendettas
Three unloaded vessels have been anchored at sea for ten days, awaiting written approval to unload and transfer the amount, costing the treasury millions due to political vendettas. From two weeks ago until today, we have witnessed a legal dispute over buying fuel for Électricité du Liban.
The two parties are competing: the Caretaker Prime Minister and the Ministry of Finance on the one hand, and the Ministry of Energy on the other, amid disagreement as to whether the matter requires holding a cabinet session or can be passed by a decree to be settled later.
In reality, the background is political, the essence of which is the dispute over the President's and the Prime Minister's powers.
On the twentieth of December, the Ministry of Finance asked the Ministry of Energy, which demanded the opening of credit in favor of Vitol Bahrain to purchase gas and oil, to raise the matter to the General Secretariat of the Council of Ministers to issue a treasury advance.
Two days later, the Ministry of Energy requested approval to issue a treasury advance that would allow the opening of the credit mentioned above at a value of $62 million to avoid losses resulting from the delay in unloading the oil vessels and to secure the necessary fuel for the production plants of the Electricité du Liban.
It is only twenty-four hours until the exceptional approval came from the prime minister, provided that the matter is presented later to the first session of the Council of Ministers as a matter of settlement.
However, the procedure stopped after the Ministry of Finance responded, considering that Electricité du Liban must request the advance and that it needs a decree from the Council of Ministers.
Why was the advance obstructed? Rumors spread that President Michel Aoun's criticism of Parliament Speaker Nabih Berri during his television episode prompted him to ask the Ministry of Finance to stop it, so could that be the reason, or is it really related to the legal loopholes that the Finance Minister raised?
In conclusion, three unloaded vessels have been anchored at sea for ten days, awaiting written approval to unload and transfer the amount.
This has frequently been happening over past years, costing the treasury and thus people's money the consequences of not unloading the cargo, which is estimated daily at $54,000 dollars and has exceeded half a million dollars to date.
We are facing a scene in which there is a lot of political distress and a battle of powers, all of which do not concern citizens who only want lights in their homes.
Breaking Headlines
Lebanon News
News Bulletin Reports
oil
gas
lebanon
vessels
electricity
outage
power
Next
The Iranian Response: Awaiting Retaliation Amidst Escalating Tensions
Recommended For You
d-none hideMe
0
News Bulletin Reports
12:25
Cabinet Session: A President, a Virtual Leader, and Fruit…What's the Story?
News Bulletin Reports
12:25
Cabinet Session: A President, a Virtual Leader, and Fruit…What's the Story?
0
News Bulletin Reports
12:22
Negotiations and Internal Disputes Escalate Between Gaza and Lebanon Fronts in Israel
News Bulletin Reports
12:22
Negotiations and Internal Disputes Escalate Between Gaza and Lebanon Fronts in Israel
0
News Bulletin Reports
12:17
French Foreign Minister Visits Beirut to Advance Diplomatic Efforts
News Bulletin Reports
12:17
French Foreign Minister Visits Beirut to Advance Diplomatic Efforts
0
News Bulletin Reports
12:10
Gaps in Attendance Overshadow Lebanese Forces Opposition Meeting in Maarab
News Bulletin Reports
12:10
Gaps in Attendance Overshadow Lebanese Forces Opposition Meeting in Maarab
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
12:22
Negotiations and Internal Disputes Escalate Between Gaza and Lebanon Fronts in Israel
News Bulletin Reports
12:22
Negotiations and Internal Disputes Escalate Between Gaza and Lebanon Fronts in Israel
0
News Bulletin Reports
12:10
Gaps in Attendance Overshadow Lebanese Forces Opposition Meeting in Maarab
News Bulletin Reports
12:10
Gaps in Attendance Overshadow Lebanese Forces Opposition Meeting in Maarab
0
Israel-Gaza War Updates
02:08
Cyprus resumes Gaza aid shipments after pause following aid worker killings: Reuters
Israel-Gaza War Updates
02:08
Cyprus resumes Gaza aid shipments after pause following aid worker killings: Reuters
0
Middle East News
2024-01-18
The Israeli army activates alarm sirens in Eilat
Middle East News
2024-01-18
The Israeli army activates alarm sirens in Eilat
Videos
d-none hideMe
0
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
0
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
0
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
0
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
05:50
Samir Geagea denounces Hezbollah's role in South Lebanon, says Lebanese army alone can secure the borders
Lebanon News
05:50
Samir Geagea denounces Hezbollah's role in South Lebanon, says Lebanese army alone can secure the borders
2
Lebanon News
08:09
Qassem: Any expansion of Israeli aggression will be met with a firm response from Hezbollah
Lebanon News
08:09
Qassem: Any expansion of Israeli aggression will be met with a firm response from Hezbollah
3
Lebanon News
01:35
Lebanon takes 'landmark step' towards justice for war crimes: HRW says
Lebanon News
01:35
Lebanon takes 'landmark step' towards justice for war crimes: HRW says
4
Lebanon News
00:11
Amos Hochstein in Israel: Seeking diplomatic solution to end cross-border firing, LBCI sources say
Lebanon News
00:11
Amos Hochstein in Israel: Seeking diplomatic solution to end cross-border firing, LBCI sources say
5
Lebanon News
05:14
Three people killed due to Israeli shelling in southern Lebanon
Lebanon News
05:14
Three people killed due to Israeli shelling in southern Lebanon
6
Lebanon News
03:33
Israeli strike in Lebanon's Beqaa region kills Lebanese militants
Lebanon News
03:33
Israeli strike in Lebanon's Beqaa region kills Lebanese militants
7
Lebanon News
05:16
Lebanon's Cabinet adopts TNO report on Issam Abdallah's killing, seeks ICC intervention
Lebanon News
05:16
Lebanon's Cabinet adopts TNO report on Issam Abdallah's killing, seeks ICC intervention
8
Israel-Gaza War Updates
00:21
Hamas reports receiving Israeli response to its ceasefire proposal
Israel-Gaza War Updates
00:21
Hamas reports receiving Israeli response to its ceasefire proposal
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