Lebanon energy ministry delays petrol tender by one week

People wait to get fuel for their vehicles at a petrol station in Beirut. (File photo: Reuters)

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.

Last Update: Wednesday, 20 May 2020 KSA 09:53 - GMT 06:53