5 Hrs
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شبكة شام الإخبارية
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Syria Raises Fuel Prices Temporarily
Syria announces a temporary increase in fuel prices due to rising import costs, caused by the reduced refining capacity during the two-month maintenance period at Baniyas Refinery. This situation increases the need to import ready-made products at high global prices. The ministry explains that the increase results from global supply pressures, higher transportation and insurance costs, as well as limited local production that only partially covers the country's needs. The price of 95-octane gasoline is approximately 195 Syrian pounds per liter, and diesel is around 175 pounds per liter. It is expected that these pressures will ease once maintenance work is completed and Baniyas Refinery resumes operations within two months, reducing the need for imports and temporarily curbing price increases.
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