Syria to offer lower-priced diesel to ease fuel costs for consumers

DAMASCUS: Syria will introduce subsidized diesel at 115 Syrian pounds ($0.94) per liter for heating, agriculture and eligible consumers, while a second grade will be sold at 150 pounds ($1.23) per liter for some productive and service sectors, Energy Minister Mohammad Al-Bashir said on Thursday. Standard-specification diesel will remain at 175 Syrian pounds ($1.43) per liter, below its actual cost of 206 pounds ($1.69) per liter, Al-Bashir told a press conference in Damascus alongside Syrian Pet