30 April Last Day of Cap on Petrol, Diesel Prices
STA, 29 April 2022 - The government has decided not the extend the cap on the price of regular petrol and diesel introduced in March, saying on Friday that the petroleum products market had stabilised. This means the price, both retail and wholesale, will be freely formed on the market again as of 1 May.
The government responded on 14 March to the rising prices of petroleum products by setting maximum retail prices at service stations at EUR 1.503 for a litre of regular petrol and at 1.541 for diesel.
On 31 March, it also capped the wholesale price. Wholesalers have been allowed to charge EUR 1.483 per litre of petrol and EUR 1.521 per litre of diesel, a price the government said provided a margin that would make it possible for small retailers to secure fuel supplies.
The Economy Ministry said today that the goal of protecting consumers had been achieved and that the market had stabilised in the meantime, with Slovenia currently experiencing no disruptions or instability in the supply of motor fuels.
Although the market will be determining the prices again, the ministry expects prices to remain within the EU and eurozone average.
On the other hand, the government did extend by three months on Thursday reduced excise duties on energy products, including electricity, heating oil and natural gas, in addition to motor fuels.
The reduced excise duties, which are part of measures to mitigate the impact of the energy price hike on the population and businesses, will thus remain in force until 31 July.