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ENERGY

Fuel prices surpass million-lira mark as currency continues its fall

Fuel prices surpass million-lira mark as currency continues its fall

Total gas station in Hazmieh, Lebanon on Jan. 25, 2022. (Credit: Matthieu Karam/L'Orient Today)

BEIRUT — Fuel prices sharply increased in Lebanon again on Wednesday, according to the latest tariffs announced by the Energy Ministry. This new price hike comes as the Lebanese lira hit a new record low on the parallel market, trading around LL56,000 against the dollar Wednesday morning.

Here are the new prices:

• Twenty liters of 95-octane gasoline: LL1,005,000, up by LL47,000

• Twenty liters of 98-octane gasoline: LL1,030,000, up by LL48,000

• Twenty liters of diesel: LL1,055,000, up by LL48,000

• Gas cylinder: LL643,000 up by LL30,000

•One kiloliter of fuel oil (used to supply private generators) remains unchanged at $888.29

BEIRUT — Fuel prices sharply increased in Lebanon again on Wednesday, according to the latest tariffs announced by the Energy Ministry. This new price hike comes as the Lebanese lira hit a new record low on the parallel market, trading around LL56,000 against the dollar Wednesday morning.Here are the new prices:• Twenty liters of 95-octane gasoline: LL1,005,000, up by LL47,000• Twenty...