Azpetrol General Director reveals forecasts on gasoline price

Azpetrol General Director reveals forecasts on gasoline price
# 13 November 2017 09:25 (UTC +04:00)

Prices for diesel fuel and A-92 gasoline are set according to decisions of the Tariff Council of the Republic of Azerbaijan, Jeyhun Mammadov, General Director at Azpetrol, said in the in an interview to Caspian Energy (CE) journal.

“As for the price for Premium-Euro-5 gasoline (EN-288), it is formed in the European petrochemicals market and depends on such factors as oil prices, the US dollar exchange rate, transport tariffs, etc. In any case, we try, if possible, to reduce our trading margin in order to make fuel more affordable”.

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