The UAE-based Emirates National Oil Company (ENOC) has won a tender to swap Iraqi fuel oil with Grade B fuel oil and gasoil, the Lebanese Energy Ministry announced.
ENOC was picked to swap around 84,000 tonnes of sulfur-rich Iraqi fuel oil with 30,000 tonnes of Grade B fuel oil and 33,000 tonnes of gasoil, the ministry said in a statement.
The Lebanese Petroleum Administration had called for a meeting with the representatives of three companies that were participating in the tender, and ENOC was eventually selected, according to the statement.
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.