SAWT BEIRUT INTERNATIONAL

| 21 April 2024, Sunday |

Resolving diesel crisis, difficult.

Representative of fuel distributors, Fadi Abu Chakra, expected that the market would witness some relief, starting tomorrow, due to the quantities of gasoline that will be distributed today, after unloading the ships’ cargos , for which the Banque du Liban agreed to open credits.
Meanwhile Abu Chakra indicated in a radio interview that it is difficult to resolve the diesel issue, before the end of this week.

The fuel shortage crisis will remain in the upcoming days, regardless of the unloading of these shipments. As for the Ministry of Energy and Water, it began preparing to stop supporting this substance import, through implementing special mechanisms for importing unsubsidized diesel, in an attempt to dry up the market while waiting for the total subsidy to be lifted.