Syria's energy authorities announced Tuesday a 30-percent cut in domestic fuel prices to ease financial pressure on citizens ahead of winter, as part of broader energy sector reforms.
The price cut followed increased domestic oil production and declining global crude prices, Ahmad Suleiman, director of communication at the energy authorities, told state TV channel Al-Ikhbariya.
Under the new pricing, diesel drops to 0.75 U.S. dollars per liter, gasoline to 0.85 dollars per liter, and household gas cylinder to 10.5 dollars per unit, the authorities said in a statement.
The move appears aimed at soothing public concern after recent electricity price hikes.
Earlier this month, the energy authorities introduced a four-tier pricing system that raised power rates by up to sixtyfold for some households.
The electricity reform seeks to reduce state losses and improve supply reliability amid high gas consumption for power generation, which requires nearly 10 million cubic meters of gas every day.
Editor:Evan
