Amman: The Fuel Pricing Committee announced on Sunday that local fuel prices for June will remain largely unchanged compared to May, with a partial adjustment in diesel prices. This decision comes as part of government efforts to mitigate the impact of rising global energy prices on the Jordanian populace and the national economy.
According to Jordan News Agency, the committee has decided to maintain its policy, established since the onset of the regional crisis, of absorbing a significant portion of global fuel price increases instead of passing the full cost onto consumers. The cumulative direct fuel subsidies provided during this period have reached approximately JD170 million. For June, fuel subsidies are anticipated to be around JD29 million, with an additional JD3 million allocated to support the industrial sector, aiming to stabilize the local market and bolster productive industries.
Furthermore, the committee announced that the price of liquefied petroleum gas (LPG) supplied to industries will remain fixed at JD695.81 per ton, despite its actual cost being JD929.58 per ton. Under the June pricing decision, the price of 90-octane gasoline will stay at JD1 per liter, while 95-octane gasoline will be maintained at JD1.310 per liter. Kerosene will remain at JD.550 per liter, and the price of a 12.5-kilogram household gas cylinder will continue at JD7.
The committee also approved a reduction in domestic jet fuel prices by JD.10 per liter to JD.783 per liter, while diesel prices will see an increase of JD.60 per liter to JD.850 per liter. The actual costs for June are JD1.069 per liter for 90-octane gasoline, JD1.310 fils for 95-octane gasoline, JD.960 for diesel, JD.943 for kerosene, and JD12.3 for a 12.5-kilogram household gas cylinder.
The committee explained that only about 35% of the actual increase in diesel costs was reflected in local prices, while increases in the costs of gasoline, kerosene, and household gas cylinders were fully absorbed by the government. These measures are intended to balance actual costs with consumer protection, aligning with government policies to cushion the impact of global price fluctuations while gradually addressing cost differentials.