The Ministry of Industry, Entrepreneurship and Trade, based on the regular monitoring of the market of petroleum products, the daily evidence received by the Kosovo Customs regarding the prices of supply/import of petroleum products, and the Market Inspectorate report on retail prices of petroleum products, noted the mismatch of local prices with the large price movements in the world market, which constitutes the basis/trigger for price regulation and the setting of other protective measures.
Aiming at consumer and competition protection and avoidance of market disturbances, the MIET has decided to set the price and other protective measures of petroleum products.
Under this decision, the maximum allowed commercial wholesale margin is two (2) Euro cents per liter, while the maximum allowed commercial retail margin is twelve (12) Euro cents per liter.
The calculation of the maximum commercial margin allowed for wholesale and retail sales is made according to Article 4, paragraphs 1.1 and 1.2, of AI No. 03/2022 on Price Regulation of Petroleum Products and Renewable Fuels and Other Protective Measures.
This decision enters into force tomorrow (04/08/2024) and remains in force for thirty (30) days.
The implementation of this decision will be supervised by the Central Market Inspectorate in cooperation with the Customs and Tax Administration.
On this occasion, the MIET announces that the Central Market Surveillance Inspectorate will intensify market surveillance of the quality and quantity of petroleum products in the coming days.