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He stated: “There are many statements by political and financial officials about the inability of the Banque du Liban to continue supporting some food and consumer goods, gasoline and diesel. Consequently, on a strong possibility of lifting subsidies at the end of this year, which will inevitably lead to a significant increase in prices if the dollar exchange rate is maintained. The same (about 8,000 lire) or more. “
And he added, “And the great impact of this rise will be in the cost of transport, since it is estimated that the price of gasoline will reach about 70 thousand pounds if current world prices stabilize.”
According to current oil prices and the price arrangement schedule issued by the Ministry of Energy and Water on Wednesday, September 23, 2020.
The cost of a can of 95 octane gasoline is 10,460 pounds, which is equivalent to $ 6.90 according to the official price.
State taxes: (customs tax + internal consumption tax + value added tax) 7,497 lire.
The station owner’s commission is 5,800 lira.
The participation of the distribution company and the transport fee: 840 liras.
The investigation pointed out that “in the event that the subsidy is lifted: global prices stabilize, rates remain the same, the station owners commission and transport and distribution rates remain and a price of 8,000 pounds per dollar.
The price of 20 liters of gasoline becomes 69,337 pounds, while it is now 24,600 pounds, which means that it will increase by 44,737 pounds and the rate of 182%, and can decrease to 57,940 pounds if the state tariffs and the The station owner’s commission is reduced from 5,800 pounds to 1,900 “.
