The price of liquefied petroleum gas (LPG), commonly known as household gas, continues to decline across the Kurdistan Region. Market officials say the latest drop has significantly reduced the cost of refilling gas cylinders and eased pressure on consumers.
According to Jangi Majid, head of the Erbil Petrol Stations Association, one liter of LPG now sells for between 450 and 475 Iraqi dinars in Erbil. Prices in Sulaimani are even lower, with gas selling around 25 dinars less per liter.
The decline marks a major shift from recent months. Last month, the price of one liter of LPG approached 1,000 dinars. On the seventh day of this month, the price dropped to 700 dinars. It has now fallen further to its current level.
The gas market experienced severe volatility earlier this year. During tensions between the United States and Iran at the end of February, LPG prices surged dramatically. The cost of one liter of gas rose from 450 dinars to more than 2,000 dinars for a short period.
At the height of the crisis, refilling a standard 22-liter household gas cylinder exceeded 45,000 Iraqi dinars. Prices then gradually declined as market conditions stabilized. Today, filling the same cylinder at commercial stations costs around 10,000 dinars.
Officials also reported slight changes in gasoline prices. Majid said normal gasoline prices in Erbil have decreased slightly in recent days. One liter of gasoline currently sells for about 1,050 dinars wholesale and around 1,100 dinars at petrol stations.
Despite the recent decline, gasoline prices remain higher than earlier this month. Until June 5, one liter of gasoline sold for nearly 900 dinars at local stations.
Energy traders say the sharp fall in LPG prices reflects improved supply conditions and reduced regional tensions. Lower household gas prices are expected to benefit families and businesses by reducing energy costs and supporting consumer spending across the Kurdistan Region.
