oil and gas

Abu Dhabi to host oil and gas industry&r...
October 19, 2020
Diab issues circular to combat fuel stor...
October 11, 2020
Smart windows market set for 4.8pc growt...
October 8, 2020

oil and gasSeptember 22, 2020

Sareini to NNA: Fuel shortage due to delay in credits

NNA - Head of the oil trucks owners’ association, Ibrahim Sareini, told the National News Agency on Monday that fuel oil and diesel shortages were due to the central bank's delay in opening the needed credits.

He added that an oil tanker should reach Lebanon by tomorrow and another by the end of September.

'Oil importing companies are awaiting the opening of credits to provide the market with all types of oil derivatives,' Sareini stressed.