Fuel prices in Serbia limited through April too

The Serbian Government has adopted a new decree on limiting the prices of petroleum products, which will be valid until the end of April. The aim, as explained, is to prevent serious disturbances in the fuel market in Serbia.

Trade Minister Tatjana Matic had previously told Tanjug news agency that the government would adopt a new decree identical to the previous one, but she could not say what will happen after 30th April. According to the decree in force so far, the highest retail price with value-added tax (VAT) for Eurodiesel and BMB 95 unleaded petrol is determined by the average wholesale price of derivatives in Serbia, increased by 6 dinars.

The prices of these two derivatives, as it is pointed out, are determined every Friday and published on the website of the Ministry of Trade at 3 p.m. with a validity of 7 days.

The average wholesale prices of these derivatives are calculated by the Ministry of Mines and Energy. The regulation does not apply to additive petroleum products, nor to gas (LPG) used as an alternative in petrol-operated cars. The price of LPG has reached a record high of over 102 dinars per litre. Last Friday, the price of BMB 95 petrol was cheaper by one dinar and currently stands at 175 dinars, while Eurodiesel had increased by 11 dinars and currently costs 198 dinars per litre.

(Nova Ekonomija, 07.04.2022)




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