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
20
o
Mount Lebanon
20
o
Metn
21
o
Keserwan
21
o
North
21
o
South
21
o
Bekaa
20
o
Live
Video
Audio
Schedule
shows
العربية
watching now
The Stage
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
20
o
Mount Lebanon
20
o
Metn
21
o
Keserwan
21
o
North
21
o
South
21
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
Gas Distributors Syndicate calls for pricing gas canisters in dollars
News Bulletin Reports
2023-01-24 | 11:22
High views
Share
Share
3
min
Gas Distributors Syndicate calls for pricing gas canisters in dollars
The price of a gas canister sold by distributors to commercial stores is 11.38 dollars, plus 400 Lebanese lira for each canister, according to the table of gas sales prices in Lebanon that was released on Tuesday.
The store adds a commission of 5000 Lebanese lira.
The Ministry of Energy's price, which determined the dollar to be worth 53,400 Lebanese lira, results in a selling price to the consumer of 613,000 Lebanese lira.
On paper, this is true, but the reality is different.
With the continuous rise of the dollar, shop owners confirm that they cannot abide by the price set by the Ministry of Energy, which last time calculated the dollar for a canister at 53,400 Lebanese lira, while today it is close to 55,000 Lebanese lira on the black market.
Store owners use the insane daytime rise in the dollar to justify not adhering to the Ministry of Energy's pricing.
They claim that they are forced to sell the canister in Lebanese lira at a price set by the Ministry of Energy after purchasing it from distribution companies in dollars or at a black market price.
Distributors have another version.
Although distributors confirm that they collect payment from shop owners in accordance with the ministry's dollar pricing, which results in significant losses for them.
The Gas Distributors Syndicate, representing both retail and wholesale distributors, has urged the Minister of Energy to devise a workable solution to avoid having to stop all distribution.
The Syndicate suggested that one of the answers lies in allowing stores to sell in fresh dollars or its equivalent at the rate of the black market, allowing store owners to purchase the product from distributors in dollars or at the market rate.
Distributors and shops trade accusations of causing losses and agree that the price should be in dollars, with only the citizen footing the gaping hole.
How about the Ministry of Energy?
Pricing in dollars won't be the answer, according to ministry sources that LBCI has learned.
The sources emphasized that the Ministry of Energy is collaborating with the Legislation and Consultations Authority to explore all legal options, including providing two daily market prices—one in dollars and the other in Lebanese lira.
Breaking Headlines
Lebanon News
News Bulletin Reports
Gas
Lebanon
Next
The Iranian Response: Awaiting Retaliation Amidst Escalating Tensions
Recommended For You
d-none hideMe
0
News Bulletin Reports
12:32
Pascal Sleiman's abduction and murder: Six suspects charged
News Bulletin Reports
12:32
Pascal Sleiman's abduction and murder: Six suspects charged
0
News Bulletin Reports
12:25
Egyptian proposal: Israelis debate over Gaza strategy
News Bulletin Reports
12:25
Egyptian proposal: Israelis debate over Gaza strategy
0
News Bulletin Reports
12:22
Financial support: US vows $26 billion military aid to Israel
News Bulletin Reports
12:22
Financial support: US vows $26 billion military aid to Israel
0
News Bulletin Reports
12:21
University protests: Student activism challenges US stance on Israel-Palestine
News Bulletin Reports
12:21
University protests: Student activism challenges US stance on Israel-Palestine
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Variety and Tech
2024-03-31
Lebanese-American YouTuber Addison Pierre Maalouf released after Haiti kidnapping
Variety and Tech
2024-03-31
Lebanese-American YouTuber Addison Pierre Maalouf released after Haiti kidnapping
0
Middle East News
2024-04-22
First Iranian group in nine years heads to Saudi Arabia for Umrah pilgrimage
Middle East News
2024-04-22
First Iranian group in nine years heads to Saudi Arabia for Umrah pilgrimage
0
Lebanon News
2024-01-02
NNA: Israeli drone targets Hamas office in southern suburbs of Beirut, resulting in 4 casualties
Lebanon News
2024-01-02
NNA: Israeli drone targets Hamas office in southern suburbs of Beirut, resulting in 4 casualties
0
Middle East News
2023-11-23
Iranian President: Israel 'has not achieved any of its goals'
Middle East News
2023-11-23
Iranian President: Israel 'has not achieved any of its goals'
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
00:31
Hezbollah's ambush: Targeting an armored convoy in Kfarchouba Hills
Lebanon News
00:31
Hezbollah's ambush: Targeting an armored convoy in Kfarchouba Hills
2
Middle East News
11:19
Al Jazeera, citing Yedioth Ahronoth: National Security Minister Itamar Ben Gvir's car overturns in a traffic accident near stabbing attack scene in Ramla
Middle East News
11:19
Al Jazeera, citing Yedioth Ahronoth: National Security Minister Itamar Ben Gvir's car overturns in a traffic accident near stabbing attack scene in Ramla
3
News Bulletin Reports
12:32
Pascal Sleiman's abduction and murder: Six suspects charged
News Bulletin Reports
12:32
Pascal Sleiman's abduction and murder: Six suspects charged
4
Lebanon News
04:37
Aboul Hosn to LBCI: Addressing Hezbollah's visit and Syrian displacement crisis
Lebanon News
04:37
Aboul Hosn to LBCI: Addressing Hezbollah's visit and Syrian displacement crisis
5
Lebanon Economy
02:15
Fuel prices decrease in Lebanon
Lebanon Economy
02:15
Fuel prices decrease in Lebanon
6
Middle East News
00:12
Houthis target MSC ship in Gulf of Aden
Middle East News
00:12
Houthis target MSC ship in Gulf of Aden
7
Lebanon News
05:18
Waddah Sadek to LBCI: The Parliament is the primary reason behind Lebanon's crisis
Lebanon News
05:18
Waddah Sadek to LBCI: The Parliament is the primary reason behind Lebanon's crisis
8
Middle East News
06:45
CENTCOM: Missile launched from Houthi area, no injuries reported
Middle East News
06:45
CENTCOM: Missile launched from Houthi area, no injuries reported
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