TIRANA, April 21 /ATA/ – The Minister of Infrastructure and Energy Belinda Balluku said Thursday that the National Board on the Management of Fuel has been established to make transparency of oil and fuel prices and protect consumers from speculations on fuel prices at the expense of the citizens.
Addressing today’s plenary session of parliament, Balluku said that fuel price has nearly doubled in the international market, impacting a series of industries and commodity prices and Albania couldn’t be immune to the global energy crisis.
Balluku noted that the government acted promptly in a bid to curb speculations and keep oil and its by-products’ prices under control.
“By establishing the Board of Transparency, which includes representatives from the government and business representatives, the government is trying to protect citizens,” she said.
According to Balluku, the Normative Act adopted by the government defines the framework of obligations and limited rights of fuel suppliers for a limited period until the current crisis is over. It determines and monitors the retail sale prices of fuel, gas and their by-products for the household consumers.
The National Board on the Management of Fuel includes representatives from the Finance and Economy Ministry, Infrastructure and Energy Ministry, the Directorate of Tax and Customs, the head of the Competition Authority, and representatives of major oil suppliers in the country.
/r.e/u.sh/
