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
Bekaa
15
o
Keserwan
24
o
Metn
24
o
Mount Lebanon
22
o
North
22
o
South
21
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Live Coverage
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
22
o
Bekaa
15
o
Keserwan
24
o
Metn
24
o
Mount Lebanon
22
o
North
22
o
South
21
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
Sports
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
06-01-2023 | 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
Israeli army plans to reinforce border with Lebanon, prepares for withdrawal from Western sector
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:20
Could cannabis save Lebanon? Debate reignites amid economic crisis
News Bulletin Reports
13:20
Could cannabis save Lebanon? Debate reignites amid economic crisis
0
News Bulletin Reports
13:19
Judicial reform in motion: Lebanon’s Cabinet approves long-stalled draft law to curb political interference
News Bulletin Reports
13:19
Judicial reform in motion: Lebanon’s Cabinet approves long-stalled draft law to curb political interference
0
News Bulletin Reports
12:54
US envoy Morgan Ortagus eyes Beirut visit as fears grow over potential Israeli escalation — details unfold
News Bulletin Reports
12:54
US envoy Morgan Ortagus eyes Beirut visit as fears grow over potential Israeli escalation — details unfold
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
World News
12:00
India govt source says Pakistan 'violates' ceasefire: AFP
World News
12:00
India govt source says Pakistan 'violates' ceasefire: AFP
0
Lebanon News
2025-05-09
Lebanon ready for Emirati return amid tightened airport security, interior minister says
Lebanon News
2025-05-09
Lebanon ready for Emirati return amid tightened airport security, interior minister says
0
Lebanon News
2025-03-08
Who is Michel Issa, selected as US ambassador to Lebanon, succeeding Lisa A. Johnson?
Lebanon News
2025-03-08
Who is Michel Issa, selected as US ambassador to Lebanon, succeeding Lisa A. Johnson?
0
Middle East News
2025-03-12
Iran's Khamenei says 'not seeking nuclear weapon'
Middle East News
2025-03-12
Iran's Khamenei says 'not seeking nuclear weapon'
Videos
d-none hideMe
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
0
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
0
Lebanon News
2025-04-06
LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript
Lebanon News
2025-04-06
LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript
0
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
0
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
0
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
0
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
0
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
09:16
Man in his thirties dies in paragliding accident over Jounieh
Lebanon News
09:16
Man in his thirties dies in paragliding accident over Jounieh
2
Lebanon News
11:33
Paragliding fatality in Sahel Aalma: Instructor flees after man falls to death — Here’s what we know so far
Lebanon News
11:33
Paragliding fatality in Sahel Aalma: Instructor flees after man falls to death — Here’s what we know so far
3
News Bulletin Reports
12:54
US envoy Morgan Ortagus eyes Beirut visit as fears grow over potential Israeli escalation — details unfold
News Bulletin Reports
12:54
US envoy Morgan Ortagus eyes Beirut visit as fears grow over potential Israeli escalation — details unfold
4
News Bulletin Reports
13:20
Could cannabis save Lebanon? Debate reignites amid economic crisis
News Bulletin Reports
13:20
Could cannabis save Lebanon? Debate reignites amid economic crisis
5
Lebanon News
05:35
81 municipalities win unopposed in North Lebanon and Akkar
Lebanon News
05:35
81 municipalities win unopposed in North Lebanon and Akkar
6
News Bulletin Reports
13:19
Judicial reform in motion: Lebanon’s Cabinet approves long-stalled draft law to curb political interference
News Bulletin Reports
13:19
Judicial reform in motion: Lebanon’s Cabinet approves long-stalled draft law to curb political interference
7
World News
08:08
Trump: I am pleased to announce that India, Pakistan agreed to an immediate ceasefire
World News
08:08
Trump: I am pleased to announce that India, Pakistan agreed to an immediate ceasefire
8
Lebanon News
09:09
Israeli warplanes fly at low altitude over Tyre, South Lebanon: NNA
Lebanon News
09:09
Israeli warplanes fly at low altitude over Tyre, South Lebanon: NNA
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