How the Government wants to keep fuel prices below 10 lei/liter: five scenarios on the table, the Minister of Energy announces
The Romanian government is analyzing five scenarios to prevent exceeding the threshold of 10 lei/liter for fuels, said the Minister of Energy, Bogdan Ivan.
Bogdan Ivan PHOTO: mediafax
“The state has five scenarios on the table depending on how the price of oil and diesel evolves. I have discussed them with the Minister of Finance and the Prime Minister, and the interventions will be adapted according to the situation. The final decision will be taken next week.” Minister Bogdan Ivan said on Antena3.
The scenarios include, among others, the temporary reduction of excise duties and taxes, which account for almost 70% of the final price of fuel, until the end of the conflict in the Middle East.
“We are determined to put mechanisms in place to prevent double-digit sums being reached at the pump. These scenarios will be discussed applied to be included in the 2026 budget”, explained the minister.
The increase in the price of a barrel of oil is the largest weekly since 1983, and military tensions in the Middle East show no signs of abating.
In Romania, prices increased less than in other European countries: gasoline and standard diesel went up by around 40 lei, while in Germany the increase was 1 lei, in Italy 1.5 lei and in Spain 46 lei.
Energy specialist Dumitru Chisăliță warns that diesel could be the first fuel to reach the threshold of 10 lei/liter, and gasoline will not remain below 8 lei for a long time. Currently, the state collects approximately 69% of the final fuel price, being the only direct beneficiary of the increases.
