Syria’s move to cut prices of petroleum products result reduce in consumption by about 9 thousand barrels per day

the statistical data for the consumption of petroleum products Showed that the consumption of Syria of these products reached a day to about 350 thousand barrels of oil equivalent last year, an increase of about 5 thousand barrels for the year 2008, which had witnessed the move the government to prices of oil derivatives in different proportions, which was the most important of diesel fuel, which rose by 256% compared to the price that had prevailed for years.

the data published in a report recently issued by an indicate to the step of moving the government prices the impact of oil derivatives on the evolution of the volume of consumption, noting that the consumption of the year 2008 and 345 thousand barrels of oil equivalent, increased by about 14 thousand barrels for the year 2007, which recorded Syria, the consumption of petroleum products of $ 331 thousand barrels of oil equivalent, and so it can be concluded that this step reduced the consumption of Syria, about 9 thousand barrels per day.

And depending on the consumption of the year 2009, Syria is ranked sixth in terms of the size of daily consumption of petroleum products after each of Saudi Arabia initially estimated at 1.72 million barrels, Egypt 660 thousand barrels, Iraq, 480 thousand barrels, Kuwait 408 thousand barrels, the United Arab Emirates 352 thousand barrels