Moldovan energy regulatory authority sets ceiling selling prices for fuels

Chisinau, 31 May /MOLDPRES/ - The National Energy Regulatory Agency  (ANRE) has announced the ceiling retail prices for fuels: 16.21 lei per one litre of Premium-95 petrol, 13.83 lei for diesel and 7.20 lei for one litre of liquid gas. The posted prices on ANRE’s webpage today will be valid during 14 calendar days.   

The ANRE press service said that the concerned prices had been established in line with the provisions of the new Methodology of formation and applying the prices for oil products, in force till 13 May 2016.  

Under the Methodology, the energy regulatory authority, once in 14 calendar days, sets the ceiling retail prices for petrol, diesel oil and liquid gas and publishes them on its webpage till 13:00. On the same day, each operator on the oil products market will establish, proceeding from ceiling prices set by ANRE, the retail selling prices, will publish them on its webpage and will post them on informative panels from the fuel supply stations. The prices set by the operators will enter into force and will be applied for all consumers, starting from Wednesday, at 00:01. The operators do not have right to sell fuels by retail at higher prices than the ceiling ones established by ANRE.    

ANRE found out, following the 30 May public meeting, that 27 companies on 22-23 May had increased the fuels prices with infringements of the legislation in force. In early last week, the oil companies increased the petrol price by an average of 0.6 lei up to 16.35 lei and diesel oil – by 1.1 lei up to 14.35 lei per one litre.

The National Energy Regulatory Agency obliged the licence holders to remove the infringements found out. The representatives of the regulatory authority warned that ANRE had right to start the procedure of suspending the licence, if the legislation was infringed.    

(Reporter V. Bercu, editor M. Jantovan)