World
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05 September
14413Turkmenistan is among the top 10 countries with the lowest gasoline prices: What about Uzbekistan?
Turkmenistan ranks among the top ten countries with the lowest price for AI-95 gasoline, securing first place among Central Asian countries. This information was reported by the "Global Petrol Prices" portal.
According to the report, the price of one liter of gasoline in Turkmenistan is 0.0429 USD. The lowest gasoline price in the world is $0.029, recorded in Iran. Other countries with low gasoline prices include Libya ($0.032), Venezuela ($0.035), Egypt ($0.309), Algeria, Kuwait ($0.344), Malaysia ($0.471), and Nigeria ($0.485).
The highest gasoline prices are observed in countries such as Israel, Barbados, Singapore, Denmark, Switzerland, the Netherlands, Liechtenstein, Iceland, Monaco, and Hong Kong, with the highest price in Hong Kong at $3.269 per liter.
Gasoline price index for Central Asian countries:
- Turkmenistan: $0.0429 (8th place globally)
- Kazakhstan: $0.507 (11th place)
- Kyrgyzstan: $0.874 (30th place)
- Uzbekistan: $0.986 (42nd place)
There is no available information regarding the price of gasoline in Tajikistan or its global ranking. As of September 2 of this year, the average price of AI-95 gasoline worldwide is $1.31 per liter. This variation in gasoline prices is largely due to differences in national fuel tax structures and subsidy policies.
For reference, earlier this year, the Committee for the Development of Competition and Protection of Consumer Rights held an "open dialogue" to identify issues and develop proposals for improving import opportunities with businesses involved in gasoline imports. During this dialogue, entrepreneurs highlighted several issues related to the high price of gasoline in Uzbekistan.