Lebanon Announces Further Fuel Price Hike
Lebanon’s Energy and Water Minister Mohammed Abdel-Hamid Beydoun on Friday announced another increase in fuel prices, the second hike in eight days.
A tank of 20 liters of octane 98 and unleaded fuel increased by LL300 to LL17,400, while a 20-liter tank of octane 92 went up by LL200, now costing LL17,000, reported the Daily Star newspaper.
The price of a kiloliter of fuel oil increased by $4, selling for $155.
According to Beydoun, the increases were due to higher international oil prices.
Meanwhile, MP Nazem Khoury asked the government how it intended to deal with higher fuel prices, according to the paper.
“The minimum wage is now equal to the price of 15 tanks of fuel,” said Khoury.
“What are the measures to deal with this situation, which the majority of citizens are no longer able to bear unless the purpose is to go back to our grandfathers’ means of transport?” – Albawaba.com