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Syrian Energy Ministry: Rise in Oil Product Prices Temporary to Ensure Supplies

The Syrian Energy Ministry said the rise in oil product prices was temporary, with the price of a ton of diesel approaching 1400 dollars as the market relies on imports during maintenance at the Baniyas refinery.

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Syrian Energy Ministry: Rise in Oil Product Prices Temporary to Ensure Supplies

The Syrian Energy Ministry said the rise in oil product prices was temporary, as the price of a ton of diesel approached 1400 dollars and the market relied on imports during maintenance at the Baniyas refinery.

Imports to cover refinery maintenance period

The Syrian market is relying on imported oil products while maintenance is carried out at the Baniyas refinery, ensuring continued supplies during the suspension of refining operations related to the maintenance work.

Temporary increase in prices

The ministry described the increase in oil product prices as temporary and linked it to supply-procurement conditions, with the price of a ton of diesel reaching a level close to 1400 dollars.

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