18 Days
Source:
الاقتصادية
Syria unveils plan to address fuel crisis
The Syrian government is seeking to address the fuel price hike crisis through a new plan focused on increasing domestic production and providing various types of diesel at different prices, aiming to meet the needs of eligible sectors and reduce dependence on imports. The measures, announced by the Ministry of Energy, include offering three types of diesel priced between 115 and 175 Syrian pounds per liter, with subsidized diesel allocated for heating and agricultural purposes. The plan also aims to restart local refineries with a capacity of up to 35,000 barrels of oil per day to boost the domestic fuel supply. The success of this plan is linked to revitalizing the Baniyas refinery, which requires maintenance and rehabilitation, as well as the impacts of the global oil market and refining costs, which are the main factors shaping future fuel prices in Syria.
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