L’Influence de la chute des prix du pétrole sur les secteurs d’énergie et du transport au Liban

Abstract

This article presents the influence of the recent fall in oil prices on the energy and transport sectors in Lebanon. The article analyzes the oil price crisis internationally while clarifying the determinants and the formation of oil prices on the market. Additionally, this article provides an overview on public finances in Lebanon and considers the impact of lower oil prices: on the oil and energy costs and transfers from the Treasury to the Electricity of Lebanon (EDL); and on road and air transport sector represented by Middle East Airlines (MEA). The article finally shows a summary joining the positive and negative probable effects of lower oil prices on these sectors in the Lebanese economy.