The Directorate General of Petroleum has detailed, in a press release, the procedures to allow the disposal of current fuel stocks at the rate of LL / USD 1,500 after the decision to raise the parity rate for the purchase of the next cargoes to 3. 900 LL / USD to finance this commodity.
Thus, it was decided to close as of this last Friday the private and public storage points of Tripoli and Zahrani in order to carry out an inventory of existing stocks. The equivalent quantities will thus be sold in the coming days.
On the service station side, the security services will be called upon to reopen those that still have stocks and whose owners had decided to close pending a tariff increase.
As for those who no longer have sufficient reserves for motorists, they will be able to benefit from the quantities remaining on the market via fuel distributors “provided that a clearance of the quantities and values between the differences is carried out in accordance with the rules, in the purpose of sending the difference to the Bank of Lebanon. “
Any quantity stored illegally will be confiscated.
