Azernews.Az

The world’s cheapest gasoline is in… Venezuela, selling for only 3 cents per liter.

The country is followed by Libya where gasoline cost 13 cents per liter prior to the war, and Saudi Arabia, with 16 cents.

Gasoline costs 20 cents in Turkmenistan, 21 cents in Bahrain, 22 cents in Qatar, 23 cents in Kuwait, and 31 cents in Oman. It is cheaper than oil in these countries.

A liter of crude in world markets costs 75 cents, while that of Coca Cola – 65 cents. Thus, Venezuelan gasoline costs 25 times less than oil and is about 22 times cheaper than Coca Cola.

In Iran, gasoline is purchased with coupons. Iranians can buy up to 50 liters of gasoline every month for 38 cents per liter. If they purchase more than this volume, the price goes up to 65 cents.

In Europe, the average price of gasoline is 1.5 euros ($2). The most expensive gasoline is in the Netherlands - $2.52, Norway ($2.5) and Denmark ($2.36). Car drivers are more fortunate in Albania, where gasoline costs $1.33 per liter, while consumers in Bosnia and Herzegovina pay $1.66, and those in Bulgaria $1.74.

In Turkey, gasoline costs more than in Europe - $2.78 per liter.

In CIS, gas is the most expensive in Moldova - $1.38, while in Georgia it sells for $1.34 and in Ukraine for $1.32.

In the Central Asian state of Turkmenistan, the price of 20 cents per liter paid for gas is below that of a bottle of water. Moreover, the government provides each car driver with 120 liters of gasoline every month free of charge.

As for other CIS countries, the gas price is 71 cents in Kazakhstan, 75 cents in Azerbaijan, 94 cents in Russia, $1.03 in Uzbekistan, and $1.30 in Armenia.

The report was based on prices only for AI-95 brand gasoline.