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
25
o
Bekaa
20
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
21
o
North
27
o
South
22
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Sports
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
25
o
Bekaa
20
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
21
o
North
27
o
South
22
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
Ministerial Committee Blocks Gasoil Tanker Unloading Credit Over Energy Ministry Disagreement
Press Highlights
22-08-2023 | 02:35
High views
Share
Share
4
min
Ministerial Committee Blocks Gasoil Tanker Unloading Credit Over Energy Ministry Disagreement
The Special Ministerial Committee on the Electricity Issue" did not approve the request to open the required credits for unloading the Gasoil Oil tankers "in light of the Ministry of Energy's non-compliance with the committee's decision regarding the necessity for obtaining a prior and clear resolution from it in this context." The responsibility was placed on the Minister of Energy, as stated in the committee's statement, "We leave it to the minister under all circumstances, and to mitigate any damage that the state will not be held accountable for, the freedom to act with the tanker as he sees fit."
The committee held its meeting yesterday under the leadership of caretaker Prime Minister, Najib Mikati, and decided to "request the EDL to determine the quantity of its inventory of Gasoil and the extent of the funds available to it to open the required credits from the Ministry of Energy and Water.
This article was originally published in, translated from Lebanese newspaper Nidaa al-Watan.
Accordingly, the matter will be discussed at the next committee meeting to make the appropriate decision, by the mechanism decided in the previous meeting of the committee on April 12, 2023.
Responding to the decision, the Minister of Energy and Water in the caretaker government, Walid Fayyad, told "Nidaa Al-Watan," that "the credit opening letter was signed according to the rules by the Ministry of Finance before the end of July in favor of Coral Energy DMCC to cover the cost of the Gasoil shipment arriving on the carrier 'To be advised' during August and September 2023. The signed credit letter was also put by the Chairman of the Board of Directors, the General Manager of the EDL, in the custody of Banque du Liban."
Regarding the way the Minister of Finance signed the credit while the ministerial committee did not approve it, Fayyad answered, "Ask the committee." And about the solution, he said, "The committee left the matter pending, and Banque du Liban refuses to open the credit letter despite the existence of a treasury advance. Note that the funds are available in the account of EDL at Banque du Liban, unless they do not want to allow EDL to use the rest of the treasury advances to pay for the fuel's price."
Meanwhile, the committee decided in its statement, "to request the EDL to determine the new tariff based on the latest exchange rate set by Banque du Liban (Sayrafa platform), effective from July 1, 2023.
The request includes extending the implementation of the board of directors' decision related to amending the electricity tariff, which settles 25% of the qualification allowance; 25% of the subscription allowance; and calculates 26 US cents per kilowatt-hour for non-subsidized consumption instead of 27 cents, until the end of June 2023."
The issue of the fuel and Gasoil tankers is like a tale of the oil jug. If the contract is signed before obtaining the credit or the approval of the special committee on electricity regarding the credit, the fines accumulate. If the contract is not signed, then there is no problem, as explained to "Nidaa al-Watan" by the Chairman of the General Procurement Authority, Jean al-Aliah. He asked, "Who will pay the fines that are beginning to accumulate due to the tankers' anchoring in Lebanese waters? And who will bear the responsibility for them?"
Press Highlights
Energy
Lebanon
Gasoil
Oil
Gas
EDL
BDL
Next
President Aoun: Reforms, stability will bring investors back to Lebanon
Recommended For You
d-none hideMe
0
Press Highlights
2025-05-01
President Aoun: Reforms, stability will bring investors back to Lebanon
Press Highlights
2025-05-01
President Aoun: Reforms, stability will bring investors back to Lebanon
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-06-09
Lebanon's Interior Minister Ahmad Al-Hajjar salutes ISF on its 164th anniversary
Lebanon News
2025-06-09
Lebanon's Interior Minister Ahmad Al-Hajjar salutes ISF on its 164th anniversary
0
World News
2025-04-21
Transfer of pope's body to St Peter's Basilica possibly Wednesday: Vatican
World News
2025-04-21
Transfer of pope's body to St Peter's Basilica possibly Wednesday: Vatican
0
Lebanon News
2025-08-21
Israeli airstrike in South Lebanon's Deir Seryan kills one
Lebanon News
2025-08-21
Israeli airstrike in South Lebanon's Deir Seryan kills one
0
Middle East News
2025-04-19
Iran says Oman to host next round of nuclear talks with US
Middle East News
2025-04-19
Iran says Oman to host next round of nuclear talks with US
Videos
d-none hideMe
0
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
0
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
0
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
0
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
0
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
0
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
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
Most read
d-none hideMe
24 hours
7 days
Month
1
Israel-Gaza War Updates
12:58
Target of latest Gaza strike was Hamas spokesman Abu Obaida, Israeli Army Radio reports
Israel-Gaza War Updates
12:58
Target of latest Gaza strike was Hamas spokesman Abu Obaida, Israeli Army Radio reports
2
Lebanon News
14:30
Large fire engulfs archaeological site in Tyre
Lebanon News
14:30
Large fire engulfs archaeological site in Tyre
3
Lebanon News
07:36
Lebanese army dismantles Israeli surveillance device in Yaroun
Lebanon News
07:36
Lebanese army dismantles Israeli surveillance device in Yaroun
4
Lebanon News
07:09
Lebanon’s deputy PM distances himself from reported comment on US envoy’s 'paper'
Lebanon News
07:09
Lebanon’s deputy PM distances himself from reported comment on US envoy’s 'paper'
5
Middle East News
13:47
Hezbollah mourns Yemeni leaders killed in strike, condemns attack
Middle East News
13:47
Hezbollah mourns Yemeni leaders killed in strike, condemns attack
6
Lebanon News
06:27
PM Salam tells LBCI: Lebanon remains committed to US paper’s objectives, will await Speaker Berri on dialogue proposal
Lebanon News
06:27
PM Salam tells LBCI: Lebanon remains committed to US paper’s objectives, will await Speaker Berri on dialogue proposal
7
News Bulletin Reports
13:15
Lebanon weighs internal dialogue vs. external pressure: Army weapons plan faces delays
News Bulletin Reports
13:15
Lebanon weighs internal dialogue vs. external pressure: Army weapons plan faces delays
8
Middle East News
10:21
Head of Yemen's Houthi government, some ministers killed in Israeli strike
Middle East News
10:21
Head of Yemen's Houthi government, some ministers killed in Israeli strike
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