Ministry Cuts Fuel Price
Syria's Ministry of Energy has reduced the price of industrial fuel oil from 475 to 400 US dollars (USD) per ton, a cut of about 15.8 percent announced on 30 July 2026. The decision was presented as part of government support for the manufacturing sector.
The reduction applies to the heavy fuel that powers factory boilers and furnaces, one of the largest single costs for energy-intensive plants operating across the country.
What Factories Save
Industry representatives estimated that the lower price would trim overall production costs by between 8 and 12 percent. A plant that consumes 1,000 tons of industrial fuel oil would save roughly 75,000 dollars under the new rate.
Those savings, they said, could ease pressure on selling prices at a time when many producers are struggling to keep domestic goods affordable.
Sectors That Gain Most
The heaviest users of industrial fuel oil stand to benefit first. Textile dyeing works and ceramics manufacturers, both of which run continuous high-temperature processes, were singled out as the clearest winners from the change.
For these plants, fuel can account for a substantial share of the final cost of each unit produced, so even a moderate price cut feeds quickly into their margins.
Push for Competitiveness
Industrial chambers welcomed the measure as a step toward restoring the competitiveness of Syrian products in export markets, where local manufacturers compete against regional rivals that often pay less for energy.
Officials framed the cut as one element of a broader effort to revive domestic industry and lift output after years of high input costs.