The increase in maximum retail prices for gasoline (+2%) and diesel fuel (+ 1.5%) is due to the growth of average quotations of Platts - NAER.

The increase in maximum retail prices for gasoline (+2%) and diesel fuel (+ 1.5%) is due to the growth of average quotations of Platts - NAER.

This follows from the NAER message published on the official website of the agency. It notes that the maximum retail price of gasoline sales approved by the energy regulator in the period from 11 to 24 July will be 19.49 lei per liter, including 9.23 lei per liter - the price, according to quotations, 3.76 lei per liter - the amount of excise, 3.25 lei per liter - a specific trade margin and 3.25 lei per liter - the amount of VAT. At the same time, the maximum retail price for the sale of diesel fuel is approved at the level of 17.25 lei per liter, including 9.37 lei per liter - the price, according to quotations, 1.76 lei per liter - the size of the excise tax, 3.25 lei per liter - a specific trade margin and 2.87 lei per liter - the amount of VAT. The NAER report reminds that according to the Law on the Petroleum Products Market, the maximum retail prices for gasoline and diesel fuel are calculated on the basis of the average Platts quotations converted into Moldovan lei at the official rate of leu against the dollar set by the National Bank of Moldova for the last 14 calendar days. The NAER report indicates that for the last reporting period (from June 26 to July 9), the average Platts quotes rose by $ 25.42 per tonne of gasoline (+ 3.64%) and by $ 14.8 per ton of diesel fuel (+2.29 %). The average exchange rate of the leu against the dollar was 16.8275 lei for $ 1. Thus, the increase in average quotations of Platts in terms of Moldovan lei was 0.39 lei per liter of gasoline and 0.25 lei per liter of diesel fuel, including VAT. The remaining components of the maximum retail fuel price for the last two weeks have not changed and consist of 20% of VAT, an excise of 3.76 lei per liter of gasoline and 1.76 lei per liter of diesel fuel. The specific trade margin is 3.25 lei per liter and it includes the amount of profit and expenses associated with the import and sale of major types of petroleum products, including transportation, storage and sale costs on the territory of the country, insurance of petroleum products on the territory of other states, procedures and charges for the emission of pollutants, the cost of currency conversion, depreciation of immovable assets of commercial use and their current repairs, payment of salaries, etc.//10.07.2018 — InfoMarket.

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