Slovenia extends fuel price regulation by another year

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News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

Traders’ margins are capped at 9.83 cents per litre of diesel, 9.94 cents per litre of regular petrol, and eight cents per litre of heating oil. [Shutterstock/S.Candide]

The Slovenian government has extended the existing system of partial regulation of motor fuel and heating oil prices for another year.

While the prices of fuels sold along motorways are not regulated, the prices of fuels sold outside the motorway system are calculated every fortnight based on oil derivatives’ prices on the global market and the dollar-euro exchange rate. The system entered into force in June last year to keep prices low for consumers and rein in inflation.

Traders’ margins are capped at 9.83 cents per litre of diesel, 9.94 cents per litre of regular petrol, and eight cents per litre of heating oil.

The decision comes as the price of petrol sold outside the motorway network went up by 1.2 cents a litre from 20 June to €1.424, while the price of diesel will go up by 2.8 cents to €1.461.

Heating oil is now two cents more expensive, at €1.04.

The government also adopted changes to the relevant decree to reintroduce the contribution of renewable energy sources and cogeneration of electricity and heat as part of the price of diesel.

(Sebastijan R. Maček | sta.si)

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