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
26
o
Bekaa
24
o
Keserwan
27
o
Metn
27
o
Mount Lebanon
23
o
North
28
o
South
25
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Crystal
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
26
o
Bekaa
24
o
Keserwan
27
o
Metn
27
o
Mount Lebanon
23
o
North
28
o
South
25
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
Details emerge: Israel strikes building in Beirut's southern suburbs, marking second attack in days
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:00
From Shebaa Farms to Mount Hermon: Israel resets its northern war map
News Bulletin Reports
13:00
From Shebaa Farms to Mount Hermon: Israel resets its northern war map
0
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
0
News Bulletin Reports
12:45
Tunnel to trafficking: Lebanese Army cracks down on hidden narcotics lab in Yammoune
News Bulletin Reports
12:45
Tunnel to trafficking: Lebanese Army cracks down on hidden narcotics lab in Yammoune
0
News Bulletin Reports
2025-07-13
Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks
News Bulletin Reports
2025-07-13
Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Middle East News
12:03
Syria government forces take over Druze village in south
Middle East News
12:03
Syria government forces take over Druze village in south
0
Lebanon News
2025-05-01
President Aoun salutes Lebanese workers on Labor Day, vows continued support and reforms
Lebanon News
2025-05-01
President Aoun salutes Lebanese workers on Labor Day, vows continued support and reforms
0
Middle East News
2025-04-15
Iran's Khamenei says talks with US 'well carried out'
Middle East News
2025-04-15
Iran's Khamenei says talks with US 'well carried out'
0
Lebanon News
2025-07-12
Tom Barrack says US mediating undisclosed Lebanon-Israel talks
Lebanon News
2025-07-12
Tom Barrack says US mediating undisclosed Lebanon-Israel talks
Videos
d-none hideMe
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
0
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
0
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
0
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
0
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
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
Most read
d-none hideMe
24 hours
7 days
Month
1
Middle East News
01:08
Turkish Airlines denies flight cancellations to Lebanon, Syria, Iraq, and Jordan
Middle East News
01:08
Turkish Airlines denies flight cancellations to Lebanon, Syria, Iraq, and Jordan
2
Middle East News
01:26
More than 30 killed in sectarian clashes in Syria's Sweida, interior ministry says
Middle East News
01:26
More than 30 killed in sectarian clashes in Syria's Sweida, interior ministry says
3
Lebanon Economy
04:14
Lebanon's central bank partners with US firm to boost financial oversight
Lebanon Economy
04:14
Lebanon's central bank partners with US firm to boost financial oversight
4
Middle East News
07:55
Israel strikes tanks in Syria's Sweida
Middle East News
07:55
Israel strikes tanks in Syria's Sweida
5
Lebanon News
12:22
Washington calls on Lebanon to set deadline for state control over Hezbollah arms: Sources to LBCI
Lebanon News
12:22
Washington calls on Lebanon to set deadline for state control over Hezbollah arms: Sources to LBCI
6
Middle East News
13:45
Israel says Syria strikes 'a clear warning to the Syrian regime'
Middle East News
13:45
Israel says Syria strikes 'a clear warning to the Syrian regime'
7
Lebanon News
02:31
Jeita Grotto to welcome visitors starting July 15
Lebanon News
02:31
Jeita Grotto to welcome visitors starting July 15
8
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
News Bulletin Reports
12:50
The tale of the Levant: Bilad al-Sham reawakens as history echoes in Barrack's warning
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