
ANRE approved a new Pricing Methodology for oil products, which will take effect on July 1, 2021.
According to the decision of the Management Board of the National Energy Regulatory Agency, economic agents themselves will set the maximum sales prices for the main types of oil products and liquefied gas. The maximum prices will be calculated for 1 liter, according to the approved formula, separately for each type of imported petroleum products and each batch of imported petroleum products, taking into account the following indicators: average quotes of Platt's FOB Med or FOB Ex-Refinery / Storage (Italy) for the last 14 days; margin for retail sales of petroleum products, set every six months by ANRE; VAT and excise rates; the official average exchange rate of the MDL against the USD, set by the National Bank, for 14 days preceding the import; density of each type of oil products. It is noted that until the entry into force of the new Methodology, economic agents do not have the right to raise the current prices for oil products sold at retail. The new Pricing Methodology was elaborated and approved in the context of the amendments to the Law on the Oil Products Market, which were published on May 14. ANRE was supposed to develop and approve a new Pricing Methodology for oil products in Moldova within a month, that is, until June 14. // 14.06.2021 - InfoMarket