SULAIMANI (ESTA) — Despite the Kurdistan Region government’s efforts to drop fuel prices, Esta Media Network has learned that late on Thursday prices of all gasoline grades were hiked again in Sulaiamani.
One liter per normal grade has changed from (0.83$) to (0.86$), in other words, each grade of gasoline is inclined by 50 Iraqi dinars (0.03$).
Gasoline price per supreme grade in The Kurdistan Region hit a new record of 1$ per liter on Thursday, while in 2021 it was sold at (0.48$).
Fuel prices have gone up since late summer of 2021 and thus resulted in finical burden for the Kurdish people, several protests have taken place in Sulaimani and Erbil as well in order to pressure the government to drop the fuel prices, however, up to this point, the prices remains unchanged and even continue to hike.
The Kurdistan Region is one of the largest producers of oil and processed petroleum products. In recent years, it has become a major exporter, sending large quantities to the global markets.
Yet, the Region imports gasoline from the outside. That’s partly because it suffers from the lack of local refineries to produce fuel for the region itself.