In Azerbaijan, another brand of gasoline has become more expensive

Published: July 13, 2022 1:27 p.m

The price of “AI-98” gasoline has increased by 40 kopecks

The selling price of “AI-98” gasoline has increased from 1 manat 90 kopecks to 2 manat 30 kopecks.

On the night of July 12, there was an increase in the price of “A 95” premium gasoline.

The price of premium gasoline has increased from 1 manat 60 kopecks to 2 manats.

“Currently, only 9 percent of the gasoline consumed in the country is accounted for by “AI-95” premium and “AI-98″ super brand gasoline.”

to “Report”. disclosurein “SOCAR Uzeyir Habibbeyli, press secretary of Petroleum” CJSC, said so.

He said that since last year, the sharp increase in oil prices has also happened in the world inflation in the background, the significant increase in transportation costs is one of the biggest factors determining the mentioned price change.

“Premium” brand gasoline it was last increased in September 2021.

At that time, the price increased from 1 manat 45 kopecks to 1 manat 60 kopecks.

in 2021 Azerbaijan more than 50 thousand tons of “Premium” (EU-95) brand from abroad gasoline imported.

EU-95 and EU-98 brands gasoline their share in total consumption is around 2 percent.

The reason for the low demand for these types is the age of the car park in Azerbaijan.

According to the last published official information, the service life of 77 percent of cars in Azerbaijan 10 more than a year.

Cars up to 5 years old across the country car is only 4 percent of the park.