Kosovo derivative Awards Begin

Kosovo derivative Awards Begin

Even though the prices of oil derivatives in Kosovo were high, they have again marked risings. Currently in Kosovo, the price of oil behaves around 0.85 cents, while gasoline is 0.84 cents. This is what the chairman of the oil company Fadil Behrani, who says that at the start of this month at the meeting held [...]

That is how oil company chairman Fadil Behrani, who says that early this month at the meeting held with the O organisation The PEC, it is set to reduce the production of derivatives, where prices will thus mark growth.

He in a written response to Kosova Prees, stressed that there is increasing in numbers, while there is no movement in the minority.

The “Prices in Kosovo today are being brought for a 0.85 cent design, while for gasoline,84 cents. Early this month at the organisation's held meeting The OPEC was decided to reduce the production of derivatives where when we have reductions, prices go up. Growth prices have brought us to Kosovo as well. We've got a lot of price increase, but they haven't moved”, Berryan declares for Kosovas.

As far as the conviction of 14 companies from the AKK is concerned, he says the Oil Association has rejected this decision because there has been no agreement or price-making until it indicated confident that the Court will examine these substances and these companies will win the case.

“The association has again rejected the sentence of 14 companies, that there was no agreement, but now all companies have rejected it. I believe the court will examine these courses and these companies will win the chance that there was no price or deal setting, Behrani adds.

While talking about oil prices, he says that during the time of the pandemic losses have been huge.

“As far as oil sector during this pandemic losses have been huge, this sector has filled Kosovo's budget over 30%. During the pandemic this sector has worked with a capacity of 10 to 20 %. Concrete cases in the past year have been introduced here within 24 hours by about 120 Autobots, while today approximately 30 to 40 Autobots enter. In addition to businesses that have been damaged, state revenues are much lower”, Berjani adds to Kosovas.

He once again calls on the government to help businesses, since they have been greatly damaged during this pandemic period.

And we hope that whatever government it is, it should help the emerging businesses, I think that only by long-term loans, concrete cases like the state of Switzerland. Where small and medium-sized companies have been helped according to the circulation of up to 50%, while large companies are 20% returning with no dagger”, he points out.

We remember that the Kosovo Competition Authority has imposed punitive measures of over 4m euros, for 14 derivative companies due to oil prices, in November and December 2018.

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