VOL. XLII
No. 05
1-February-1999
LEBANON
Lebanon痴 Petroleum Import Bill Falls to $621Mn In 1998
Lebanon imported $621mn worth of petroleum products in 1998,down 26% from $841mn in 1997, according to official statistics published in theBeirut daily as-Safir. The decline in the import bill was attributed tothe sharp fall in world oil prices in 1998. The volume of imported products in1998 also fell by 3.1% to 4.69mn tons due to a decline in the local consumptionof liquified petroleum gas (LPG), jet...
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