Syria Temporarily Increases Fuel and Cooking Gas Prices
Summary
Syria has temporarily raised fuel and cooking gas prices, citing higher global energy and transportation costs and reduced domestic refining capacity. The price hike affects gasoline, diesel and domestic gas cylinders after another adjustment just over a week earlier.
Key Points
- Syria temporarily increased prices of gasoline, diesel and cooking gas on Sunday.
- The government blamed higher international purchase costs, transportation expenses and reduced refining capacity.
- The price of 95-octane gasoline rose 28.3%, 90-octane gasoline 25.9%, diesel 40% and domestic gas cylinders 8.8%.
- The Ministry of Energy said the increase was temporary and linked it to maintenance at Baniyas Refinery.
