Turkmenistan is the eighth cheapest country in the world for petrol, with a litre costing $0.428. This is a record among CIS countries and former Soviet republics.
According to Global Petrol Prices, the most expensive fuel in Central Asia is in Uzbekistan ($1,113). The cheapest petrol in the world is currently available in Iran, while the most expensive is in Hong Kong. The average price of petrol in the world is $1.29.
As a general rule, richer countries have higher prices while poorer countries and the countries that produce and export oil have significantly lower prices. One notable exception is the U.S. which is an economically advanced country but has low gas prices.
The differences in prices across countries are due to the various taxes and subsidies for gasoline. All countries have access to the same petroleum prices of international markets but then decide to impose different taxes. As a result, the retail price of gasoline is different.
Eziz Boyarov