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The Syrian Ministry of Energy announced the launch of three types of diesel with different prices and specifications, aimed at alleviating the impact of rising fuel prices on households and productive sectors. This comes in conjunction with the reoperation of the Baniyas Refinery after comprehensive maintenance, with a goal to increase its capacity from 80,000 to 130,000 barrels per day within two months and improve the supply of fuel derivatives. A subsidized type has been allocated at a price of 115 Syrian pounds per liter for heating, agriculture, and eligible groups, alongside another type priced at 150 pounds for certain productive activities, and a third at 175 pounds in accordance with standard specifications. This decision seeks to diversify fuel options based on usage, ensure prices are aligned with quality, and reduce dependence on imports amid the deteriorating balance between production and consumption, as the country relies on importing 60% of its petroleum needs.
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