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Syria’s Permanent Committee for Setting the Prices of Petroleum Products and Mineral Resources has cut the price of diesel by 14% to 150 liras per liter, effective Sunday, while leaving the prices of other petroleum products unchanged. The move aims to ease the cost of living as winter approaches. The head of the Energy Committee in the People’s Assembly said the Baniyas refinery would resume operations soon after comprehensive maintenance, increasing its capacity from around 80,000 to 130,000 barrels per day. Syria needs about 300,000 barrels of oil and petroleum products a day, compared with domestic production of roughly 100,000 barrels, while around 60% of its diesel supplies are imported.
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