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Turkmenistan decides on gasoline prices

Oil&Gas Materials 3 January 2019 15:15 (UTC +04:00)

Ashgabat, Turkmenistan, Jan. 3

By Huseyn Hasanov– Trend:

Turkmen Oil Products (Turkmennebitonumleri), which carries out wholesale and retail sales of oil products in Turkmenistan, has left gasoline prices unchanged in January this year, the Turkmen Oil (Turkmennebit) State Concern said, Trend reports.

Some foreign media outlets earlier reported about a possible rise in price for fuel from the beginning of 2019 in Turkmenistan.

The last time prices for gasoline in Turkmenistan went up on Feb. 1, 2018. The cost of the most demanded AI-95 gasoline increased from 1 Turkmen manat to 1.5 manats per 1 liter.

The official rate of the Turkmen manat against one US dollar has remained at 3.50 manats since January 2015.

Presently, gasoline in Turkmenistan is produced at oil refineries in Turkmenbashi and Seydi.

The produced gasoline fully meets the needs of the domestic market. A part of the gasoline is exported.

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