TRNC reduces fuel prices by 1TL, 3 days after the last discount was announced

The government of the Turkish Republic of Northern Cyprus has announced a discount in fuel prices, the second time in the space of 3 days.

The announcement was made by the Minister of Economy and Energy Olgun Amcaoğlu on Friday.

The reduction was necessitated due to the decrease in global oil prices.

Minister Amcaoğlu stated that there will be no price changes in Euro Diesel, that the price increase in Euro Diesel has a negative impact on the whole economy and that there is no easy regression in prices.

The price of Kerosene remain unchanged while the price of gasoline was reduced by 1 TL after it was initially reduced by 1.33 TL on Wednesday. 

The new price discount will come into effect from midnight on Saturday, September, 3, 2022.

Accordingly, the new prices are as follows:
95 Octane Gasoline reduced from 19.42TL to 18.42TL
98 Octane Gasoline reduced from 19.73TL to 18.73TL
Euro Diesel from 25.70 TL to 24.70Tl
Kerosene/Gas oil remain at  25.43TL