VOL. XLII

No. 34

23-August-1999

LEBANON

Lebanon Raises Petroleum Product Prices

The Lebanese Minister of Oil, Mr. Sulaiman Trabulsi, on 13August issued a ministerial decree raising the retail prices of variouspetroleum products on the local market with immediate effect. The price of 20liters of 98 octane gasoline and 98 octane unleaded gasoline increases by LL400($0.27) to LL12,900 ($8.59), while that of 92 octane gasoline rises also byLL400 ($0.27) to LL12,600 ($8.39). The decree sets the new...