Erbil Fuel Prices Drop After Kurdistan Allows Fuel Imports

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Erbil fuel prices declined on Tuesday after the Kurdistan Regional Government (KRG) allowed the import of gasoline from other parts of Iraq. The decision has increased fuel supplies in the markets, while rates in Sulaymaniyah have remained unchanged.

At most fuel stations in Erbil, one liter of high-quality regular gasoline now sells for 1,125 Iraqi dinars. The same fuel cost 1,175 dinars until Monday, marking a 50-dinar decrease in just one day.

Jangi Majid, head of the Erbil Fuel Station Owners Association, said larger quantities of high-quality imported gasoline have entered the market. He explained that the increase in supply has reduced prices and improved fuel availability across the city.

The average price of commercial gasoline in Erbil now stands at about 930 dinars per liter. Majid added that prices could fall even further once fuel stations sell their remaining older stock and fully switch to the newly imported supplies.

Fuel prices had climbed sharply in early June. On June 6, the price of regular gasoline in Erbil rose to 1,175 dinars per liter. A day later, prices in Sulaymaniyah increased to 1,050 dinars per liter. Since then, authorities have looked for ways to stabilize the market.

The Ministry of Natural Resources recently authorized gasoline imports from all Iraqi governorates into the Kurdistan Region. Officials believe the measure will increase competition, improve supply, and help lower Erbil fuel prices over time.

Meanwhile, the Directorate of Oil and Minerals in Erbil announced that 19 fuel stations continue to distribute subsidized gasoline at 750 dinars per liter. The government provides this fuel to help keep transportation costs affordable. However, drivers often wait several hours in line before receiving subsidized fuel because demand remains high.

Commercial grades of gasoline, including premium and super fuel, are also available throughout the Kurdistan Region. Prices for these products start at around 1,300 dinars per liter, depending on quality and supplier.

Officials expect the recent import policy to improve market stability in the coming weeks. If fuel supplies continue to increase, Erbil fuel prices could decline further, providing relief for motorists and businesses across the Kurdistan Region.

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