The business entities will be obliged to inform the National Agency for Energy Regulation (NAER) about the selling prices of all the oil products that they plan to post on boards the next day. The information will be presented on each workday for each filling station until 4pm, through the agency of an electronic platform managed by the Agency, as a draft decision to amend the methodology for calculating oil prices that will be examined on October 12 stipulates, IPN reports.

The NAER pledges to offer public access to the information about the address of each filling station and the prices set for these. Through this platform, the data can be sorted according to such criteria as “lowest price” and “location”. The authors of the draft decision aim to offer the consumers a simple instrument for identifying and choosing the most advantageous fuel seller in a particular area.

The law on the oil products market provides that the operators can also retail other types of oil products than those for which price ceilings are set, on condition that the main oil products of the standard type are also sold at the same filling station. The consumers can choose the product they want, while the proposed mechanism will offer them opportunities to compare the prices set within the limits decided by the regulator for standard type products with the other types of products.