Oil traders challenge MINT decision, fuel prices remain above the cap

Oil traders are not complying with the decision of the Ministry of Industry, Entrepreneurship, Trade and Innovation regarding the maximum daily allowed price for fuel derivatives.

The head of the Oil Traders Association, Fadil Berjani, has explained the reasons why this is happening.

Berjani stated that fuel prices in Kosovo today reach up to €1.94 per liter, because, according to him, the supply price for one liter of diesel currently stands at €1.88.

“Today’s prices are approximately €1.84 to €1.94 for diesel. Petrol ranges from €1.40 to €1.46 per liter. The supply price is €1.88,” he told Klan Kosova.

“In Porto Romano in Durrës, it costs €1.88 up to €1.92 to import, plus a 12-cent margin,” he added.

“So, in Porto Romano there is no diesel available to buy at €1.86. We are respecting the Ministry’s decision, but there is no fuel available at the price set by the Ministry. Prices are extremely high—we are currently buying the product and selling it without any profit margin,” Berjani said.

The head of the oil traders emphasized that he hopes an agreement will be reached soon.

“I hope that an agreement will be reached as soon as possible and that the Strait of Hormuz will be reopened, allowing large ships to arrive and supply fuel. We are currently in a crisis due to insufficient supply,” he stressed.

According to today’s decision by the Ministry, the maximum allowed price for diesel is €1.86 per liter, while petrol is set at €1.49 per liter.

However, according to reports from citizens, in some regions of Kosovo today, the price of diesel has reached up to €1.96 per liter.

 

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