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Lebanon energy ministry delays petrol tender by one week

Published: Updated:

Lebanon’s caretaker Energy Minister Nada Boustani delayed on Monday a fuel tender by one week to allow for more competition and better prices after receiving offers from two companies.

The ministry is trialing a tender to import 150,000 tons of 95 octane gasoline in an effort to stave off potential supply shortages during Lebanon’s worst economic crisis in decades.