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Azerbaijan enters TOP-15 countries with lowest gasoline prices

Oil&Gas Materials 30 August 2023 10:51 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 30. Azerbaijan is among the countries with the most affordable gasoline prices as of August 28, 2023, Trend reports.

According to the Global Petrol Prices portal, the cost of gasoline in Azerbaijan is $0.588 per liter.

The country with the cheapest gasoline is Venezuela ($0.004 per liter), and the most expensive gasoline is in Hong Kong ($3.064 per liter).

In addition to Azerbaijan, the TOP-15 countries with the cheapest gasoline include Iran, Libya, Algeria, Kuwait, Egypt, Turkmenistan, Angola, Malaysia, Kazakhstan, Bahrain, Bolivia, Iraq and Qatar.

Among the 10 countries with the most expensive gasoline are Iceland, the Netherlands, Norway, Monaco, Denmark, Switzerland, Liechtenstein, Greece and Italy.

Different gasoline prices in the countries of the world are due to different types of fuel taxes and subsidies.

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