TIRANA, Feb 2 /ATA/ – The Transparency Board, a body to oversee the fuel prices in Albania’s domestic market, decided Thursday to cut fuel price by 3 lek to 197 lek per liter following the fall of oil prices at Platts Mediteran stock exchange.
The Board decided to fix the diesel retail price at 197 lek per litre, whereas the wholesale price is 185 lek per litre.
The Board decided to set the gasoline price at 189 lek per litre, whereas the wholesale price is 177 lek per litre.
The retail gas price is 69 lek per litre, whereas the wholesale price is 57 lek per litre. According to the Board, the retail gas price for the households should not include the excise duty.
According to the Board decision the gasoline price for fishermen is set at 103 lek per litre.
The current prices set by the Board will enter into force on Thursday, February 2, at 18:00, and will remain in force until next Board meeting.
The Transparency Board was set up by the government last year in a bid to curb any speculation on fuel prices as a result of the conflict in Ukraine.
The Board 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.
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