VOL. XXXI

NO. 9

7-DECEMBER-1987

LEBANON

Lebanon's 1988 Oil Import Bill Estimated at over $500mn

Lebanon, currently in a state of almost complete financial destitution, willhave to find over $500mn in foreign exchange to finance its fuel import billin 1988 according to two recent government estimates. The Directorate Generalfor Oil at the Lebanese Ministry of Industry and Oil has recently put out somefigures showing a total fuel import bill of $540.5mn broken down as follows:products (fuel oil,...