VOL. XLIV

No. 12

19-March-2001

LEBANON

Lebanons Petroleum Import Bill Rises To $1.1bn In 2000

Lebanon imported 4,471,744 tons of petroleum products worth $1,136mn in 2000, compared to 4,992,360 tons worth $809mn in 1999, according to statistics issued by the Lebanese Ministry of Energy and Water. The volume of products imported in 2000 fell by 10%, while the import bill rose by 40%. The following table gives a breakdown of imports of gasoline, diesel oil and fuel oil, which accounted for 90% of...