SAWT BEIRUT INTERNATIONAL

| 3 February 2023, Friday |

New agreement between Oil Directorate and Banque du Liban.

The General Directorate of Oil and Banque du Liban announced that after communication between the two sides, the two parties agreed that the price of the stock of fuels currently held by the importing companies would be paid at the exchange rate of 3900.

Accordingly, the oil-importing companies were asked to deliver the local market with fuel, giving priority to hospitals, pharmaceutical and serum factories, ovens, mills, and vital facilities, in accordance with tables issued by the Ministry of Health and the Ministry of Economy and Trade, adopting the price-installation table issued Last Wednesday, all ministries, departments and security services, in accordance with their powers, would continue to monitor distribution and adhere to the official prices approved to prevent smuggling, storage and selling through the black market.