Petrol, diesel prices to drop by three per cent on average in Moldova

Chisinau, 26 July /MOLDPRES/ - The National Energy Regulatory Agency (ANRE) today set the ceiling selling price for Premium-95 petrol at 15.52 lei per one litre for 27 July – 9 August, against 15.93 lei on the previous period.  

It is the second time in the row that the petrol cheapens amid a drop in import prices, after the ceiling price has decreased by 1.2 per cent on 13-26 July. The ceiling price for diesel oil recorded a higher drop – by 4.5 per cent - to 13.54 lei per one litre, after it had slightly increased on the period before.   

ANRE established the concerned prices in line with the provisions of a new methodology of forming and applying the prices for oil products, in force starting from 13 May 2016. The prices posted today on ANRE’s webpage will be valid for 14 calendar days.

Under the Methodology, ANRE every 14 days on Tuesdays sets the ceiling retail selling prices for petrol, diesel and liquefied gas and publishes them on its webpage till 13:00. On the same day, each operator on the oil products market will determine, proceeding from the ceiling prices established by ANRE, the retail selling prices for the oil products, will publish them on its webpage and will post them on informative panels placed at fuel supply stations. The prices set by operators will enter into force and will be applied for all consumers, starting from Wednesday at 00:01 night.  

After the entrance into force of the amendments and completions to the law on oil products market, made on 17 June, market operators will establish the wholesale and retail selling prices for liquefied gas according to another mechanism, set by the Methodology of formation and applying the prices for oil products.   

(Reporter V. Bercu, editor A. Raileanu)