SAWT BEIRUT INTERNATIONAL

| 25 October 2021, Monday |

No distribution of gas today

Head of Owners and Investors of Gas Filling Plants’ Syndicate, Antoine Yammine, announced in an interview with the “National News Agency”, that filling plants will not deliver gas today, due to the price hike noted through the price schedule, issued this morning, in addition to the rise in the dollar exchange rate.” He said: The firms cannot bear those losses.””.
He pointed out that “some factories were forced to close, not because of gas shortage, but for their inability to bear more losses,” calling for “allowing them to sell according to the exchange rate, because they buy in dollars and sell in Lebanese pounds, in addition to the fact that the price schedule does not note the factory owners’ royalty.”