Ramallah Petroleum Authority considers reducing Israeli petrol prices in Gaza

The Gaza Post | The News of Palestine – Gaza

Mahmoud al-Shawa, head of the Palestinian General Petroleum Corporation, told Al-Yawm news on Sunday that the Palestinian Association of Petroleum in Ramallah is considering reducing the gasoline prices as a result of Israel’s reduction in the prices of Israeli petrol.

Al-Shawa revealed that official authorities are studying the reduction of the Israeli petrol prices that enters to Gaza Strip via the Kerem Shalom ‘Karm Abu Salem’ crossing.

Al-Shawa said that the government’s decision to reduce the price of Israeli diesel in Gaza has officially been applied starting from today, making its cost the same as Egyptian gasoline, 3.36 NIS per liter.

He pointed out that both Israeli and Egyptian diesel have their own customers, “and therefore we can not determine the size of the demand on one type over the other at the mean time.” The director of the General Petroleum Authority in Gaza, revealed to Sawa news last week, that there was decision to reduce the prices of the petrol that enters into Gaza via Kerem Abu Salem, considering that this move would alleviate the suffering of enterprises and the people of the strip.

Source: The Gaza Post

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