Lebanon

Ministry of Energy Sets Diesel Oil Prices

Ministry of Energy Sets Diesel Oil Prices

The General Directorate of Oil at the Ministry of Energy and Water announced today, Wednesday, Decision No. 219, which sets the maximum selling price for exported diesel oil as follows:

- Exported diesel oil: 822.69 USD per kiloliter

- Transportation fee: 1,570,000 L.L. per kiloliter

It clarified that "in the second article, all decisions, memoranda, and texts that contradict the provisions of this decision or do not align with its content are annulled." The third article indicated that "this decision will be communicated as necessary and will take effect starting from 21/8/2024."

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