The National Agency for Energy Regulation announced the fuel price ceilings for June 27 – July 10. A liter of gasoline ‘95’ will cost at most 19.10 lei, down 0.05 lei, while a liter of diesel fuel – at most 17 lei, down 0.09 lei, IPN reports.
The price ceilings for gasoline and diesel fuel are determined based on the average Platts quotes recalculated in Moldovan lei according to the official average exchange lei of the national currency against the US dollar set by the National Bank of Moldova for the last 14 calendar days.
According to the Agency, compared with the current fuel prices, the average Platts quotes during June 12-25 decreased by 13.26 dollars per tonne of gasoline (-1.86%) and by 14.66 dollars per tonne of diesel fuel (-2.22%). The average exchange lei of the national currency against the US dollar was 16.8264 lei/dollar. Thus, the reduction in the Platts quotes recalculated in Moldovan lei was 0.05 lei/liter of gasoline and 0.09 lei/liter of diesel fuel, including VAT.
The other components of the price ceiling remained unchanged during the past two weeks. These include the VAT rate of 20%, the excise duty of 3.76 lei/ liter of gasoline and of 1.76 lei/ liter of diesel fuel.
The National Agent for Energy Regulation repeatedly announced higher fuel price ceilings, but its last two decisions were suspended, the first at the request of Prime Minister Pavel Filip, while the second by order of the court of law following a claim filed by the Ministry of Economy and Infrastructure. The prices announced on May 15 are now being used: 19.15 lei per liter of gasoline and 17.09 lei per liter of diesel fuel. Dissatisfied with the rises, the drivers, mobilized through social networking sites, mounted a number of protests.
