The head of the Association of Petroleum Importing Companies, (APIC), Maroun Chammas, announced today that, unless the weekly schedule for the prices of oil derivatives is signed by this afternoon, the companies will not distribute fuel to gas stations as of tomorrow. Chammas said that the failure to issue the weekly schedule for two successive weeks, together with the contradicting policies over the reduction of fuel prices between the Ministry of Finance and the Ministry of Energy and Water, “created confusion in the market.” The companies set their policies to import oil based on the weekly schedule, he said. “The failure to produce the schedule today created many question marks, however, we provided the market with the needed quantities,” he said. “But we will refrain from delivering fuel and green diesel as well as gas starting tomorrow.” Aviation fuel and red diesel will be delivered only at the oil installations, he said. Chammas said that the confusion over the price of fuel prompted the public to reduce the demand for fuel in anticipation of a price reduction. “This resulted in a glut of fuel at the oil companies depots, while the gas stations became empty,” he said. He said that APIC takes no responsibility for the outcome of any fuel shortage. “We made several attempts to contact the Ministry of Energy and Water, but to no avail,” said. However, the Association of the Owners of Fuel Trucks announced this afternoon that the fuel deliveries will be made. We will absorb the losses, but we appeal to the government to issue the weekly prices schedule in order to avoid further confusion in the market, a statement that it issued said.