Damascus, Nov. 15 (SANA) Syria’s Permanent Committee for Pricing Petroleum Products and Mineral Resources announced new fuel prices on Sunday, reducing the price of diesel by approximately 14.3%, from 175 Syrian pounds ($1.43) to 150 Syrian pounds ($1.23) per liter.
The revised prices took effect after midnight on Nov. 15, according to the committee’s latest pricing bulletin.
Under the new schedule, 95-octane gasoline is priced at 195 Syrian pounds ($1.60), while 90-octane gasoline costs 185 Syrian pounds ($1.52).
The committee also set the price of household cooking gas at 1,600 Syrian pounds ($13.11) and industrial gas at 2,560 Syrian pounds ($20.98).
The U.S. dollar equivalents are calculated at an exchange rate of 122 Syrian pounds to the dollar.
The committee previously issued a temporary fuel pricing bulletin in September.
Energy Minister Mohammad al-Bashir established the committee under Decision No. 844, issued on June 23, 2026.
Chaired by Deputy Energy Minister for Oil Affairs Ghiath Diab, the committee includes representatives from the ministries of finance, economy and industry, the Central Bank of Syria, and relevant petroleum and mineral resources authorities.
The committee is responsible for reviewing petroleum and mineral resource prices based on domestic and international market conditions, including global prices, costs, the Syrian pound’s exchange rate and subsidy mechanisms.
It also develops pricing standards and periodically updates prices to reflect changes in economic and market conditions.
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