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Syria cuts fuel prices by 30% to ‘ease public strain’

Damascus – Syria’s energy ministry said on Tuesday it will cut domestic fuel costs by 30 % to help households during the cold winter months. The move comes after the country boosted its own oil output and global crude prices fell.

Fuel prices will now be: diesel at $0.75 a litre, gasoline at $0.85 a litre, and a household gas cylinder at $10.50 per unit. The change aims to ease the financial strain on citizens, especially after last month’s sharp rise in electricity tariffs.

Last week the ministry rolled out a four‑tier power pricing plan that raised some households’ electricity rates by up to sixty‑fold. The reform is part of a broader strategy to reduce state losses, improve supply reliability and cut the nearly 10 million cubic metres of gas the sector uses each day for power generation.

Syria is also investing heavily in new energy projects. A recent agreement with a consortium of international firms will see four gas power plants built, adding 4,000 MW of capacity. Plans also include a 1,200‑MW combined‑cycle gas turbine plant in Aleppo, 1,000‑MW plants each in Deir Ezzor and Zayzoun, and an 800‑MW unit in Mhardeh, plus 1,000 MW of solar power across four sites.

Energy minister Mohammad al‑Bashir called the deals a “major milestone” in rebuilding the country’s grid and a step toward long‑term energy self‑sufficiency. With years of conflict and sanctions, Syria still faces severe electricity and energy shortages, but these new plants and price reforms signal a push to secure a stable supply for its citizens.

Source: ianslive


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