The Lebanese Central Bank‘s decision to provide the required approvals for fuel imports is expected to reduce car queues at gas stations across Lebanon, George Brax, representative of the Gas Station Owners Syndicate, said on Friday.
The Banque du Liban’s (BDL) agreement to address the problem of fuel ships awaiting payment in Lebanese waters will have a good impact on the Lebanese fuel market in the coming days, according to Brax.
The move will translate positively on the ground and reduce queues at gas stations, as many stations will reopen after receiving gasoline and diesel fuel, the expert told Annahar.
Central Bank Governor Riad Salameh had met with President Michel Aoun on Thursday to discuss the fuel crisis, during which he agreed to allocate $160 million to enable the unloading of fuel from tankers.
Brax urged the BDL to make quicker decisions in the future, so that people’s suffering is not repeated, “especially since we are in the summer, which we must take advantage of with the arrival of expatriates who bring dollars and revive the economy that has contracted for more than a year and a half.”
Brax also thanked fuel importers for the decision to work on Saturday and Sunday, which will facilitate feeding the market with gasoline and diesel fuel.
Our team works tirelessly to ensure Lebanese people have a reliable alternative to the politically-backed media outlets with their heavily-funded and dangerous propaganda machines. We've been detained, faced nonstop cyber attacks, censorship, attempted kidnapping, physical intimidation, and frivolous lawsuits draining our resources. Financial support from our readers keeps us fighting on your behalf. If you are financially able, please consider supporting The961's work. Support The961. Make a contribution now.