The Tunisian government has announced the implementation of the fourth increase in fuel prices this year, starting Sunday morning (today), as part of a program to adjust the price of petroleum products.
The Tunisian ministries of industry, mining, energy, trade and export development announced that “a decision has been made to adjust the prices of certain petroleum products starting from 18 September”.
A statement from the two ministries explained that “the amendment was made in light of the continued rise in global fuel prices as a result of the Russian-Ukrainian crisis, as well as disruptions in energy markets associated with reduced supplies and high costs.” petroleum materials.
The amendment included prices for premium unleaded gasoline, sulfur-free diesel and regular gasoline, with increases of 70 millimeters per liter each.
The price of a liter of high-quality unleaded petrol reached 2,400 dinars (75.2 cents) per liter, an increase of 70 millimeters, while the price of sulfur-free gasoline and diesel rose to 2,080 dinars (65.2 cents) per liter, an increase of 70 millimeters . 70 millimeters.
While the price of a liter of conventional diesel fuel has risen to 1,860 dinars (58.3 cents) per liter, an increase of 70 millimetres.
According to the statement, “the average price of Brent crude has risen year-to-date to $107 per barrel” from an average of $83 at the beginning of 2022.
He added: “Each increase of one dollar per barrel results in additional financing needs for the hydrocarbon, electricity and gas system of about 140 million dinars ($43.7 million) per year.”
Since the beginning of this year, Tunisia has raised fuel prices three times: the first on February 1, the second on March 1 and the third on April 14, and each time the increase was between 50 and 100 millimeters.
Tunisia’s economy is facing its worst crisis since the country’s independence in the 1950s due to political instability following the 2011 revolution that toppled former President Zine El Abidine Ben Ali and the fallout from the coronavirus pandemic amid calls for economic reforms to the authorities .
Source: El Iktisad
