Ya Libnan

Syria to increase fuel oil prices by 53 % to limit smuggling

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Syria will increase the retail price of fuel oil by 53 percent starting Sept. 15 to limit smuggling, the state-owned Thawra newspaper said.

The Arab country will sell fuel oil at 13,000 Syrian pounds ($275) a metric ton, up from 8,500 pounds currently, to reduce illicit selling of the subsidized fuel that can also be bought at global prices on the local market, it said, citing Abdullah Al-Khattab, general manager of the state-owned Syrian Co. for the Storage and Distribution of Petroleum Products.

Bloomberg

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8 responses to “Syria to increase fuel oil prices by 53 % to limit smuggling”

  1. Patience2 Avatar
    Patience2

    Could the ‘Al@@ui Dogs’ be running low on money??  Why doesn’t Iran and it’s fuzzies just give them another money grant?

    1. antar2011 Avatar
      antar2011

      because they are struggling at home too…inshaAllah soon it will be their downfall both

  2. Avatar
    Anonymous

    Could the ‘Al@@ui Dogs’ be running low on money??  Why doesn’t Iran and it’s fuzzies just give them another money grant?

    1. Avatar
      Anonymous

      because they are struggling at home too…inshaAllah soon it will be their downfall both

  3. 316909 Avatar
    316909

    Since when do higher taxes reduce smuggling ? Normally it adds to the black-market.

    1. 5thDrawer Avatar
      5thDrawer

      Could be a cool winter for the citizens who haven’t been arrested or killed. For the ones in jails and football stadiums – no heat at all.
      (Not forgetting the tents in Turkey)

  4. Avatar
    Anonymous

    Since when do higher taxes reduce smuggling ? Normally it adds to the black-market.

    1. Avatar
      Anonymous

      Could be a cool winter for the citizens who haven’t been arrested or killed. For the ones in jails and football stadiums – no heat at all.

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