Lebanon's Oil Import Bill Estimated At $540mn In 1993
The Lebanese Government spent $540mn on imports of refined oil products in1993, according to the Lebanese Minister of Industry and Oil, Dr. As'ad Rizq. Ina statement to parliament, the Minister said that $130mn was spent on fueloil, $250mn on gasoline and $160mn on other products. Lebanon also imported$50mn worth of butane gas. Lebanon currently imports all its product demand ofsome 80,000 b/d as its two...