A number of oil companies decided to reduce the fuel prices starting with this week, the National Agency for Energy Regulation has said in a communiqué, quoted by IPN.
The Agency does not set the prices on a competition market, but monitors the market so that the operators do not exceed the profitability rate of 10% stipulated in the methodology for calculating the prices of oil products. Earlier, the Agency and oil companies agreed to set up a joint working group that will meet monthly to keep the situation under control and to become immediately involved in solving problems faced by the oil companies.
As many as 119 companies with 190 licenses worked on the oil products market in 2013. Gasoline and diesel fuel were retailed through 610 certified filling stations, while liquefied petroleum gas through 420 stations.
