Syria introduces tiered mazut pricing, restarts 35k bpd refinery amid Baniyas outage

Syria has introduced three-tier pricing for mazut (115-175 SYP/liter) and restarted a 35,000 bpd local refinery to offset the shutdown of the Baniyas Refinery for maintenance. The move aims to reduce fuel costs and stabilize domestic supply, but the impact is limited by Syria's overall refining capacity and ongoing sanctions.