Pandemia hits oilers, half as well as revenues for state ark from this sector

The oil sector as the state ark generator also numbers a large number of employees, but because of measures to prevent the spread of pandemic and the arrival of a small number of countrymen this summer, there is a decline in the sale of large - scale oil.

However, revenues from this sector for the state budget are nearly halved.

Although the pandemic continues and the sale of derivatives declines, a large number of jobs in the sector are also in danger.

Prices of derivatives had declined drastically at the beginning of the Cavido-19 virus show, due to the decline in prices on the international stock exchange.

Oil Association Chairman Fadil Berjan has told Kosovo Press that the difficult situation on the derivative market is continuing, as circulation has also declined markedly.

Berjan says that the oil sector fills the state chest with over 30 percent while being forgotten by the state for support in pandemic times.

This situation is difficult, the circulation is small when we see that in this time of pandemic we also lack diaspora. That means the oil sector is not at the level it was... As far as oil prices in the pandemic were concerned, there have been up to 60 cents influenced by stock market and organisation O PEC. In this situation still, prices are real and lower in the region. However, with the effects of the pandemic circulation is not as good as last year”, Berryan says.

A reduction in the sale of derivatives has been found in “Hib petrol”.

The director-general in “Hib petol”, Hysen Lajci, says that Pandemia Covid-19, has had considerable negative effect on the company as well.

Lajci says that if this situation continues, it will not be able to keep workers working while it is currently 1,000 and 300.

“As a result of not coming the diaspora all our units have reduced sales to minimum to 40 percent. The biggest infusion for Kosovo's economy is the diaspora... the consequences in this sector are enormous and if the government does not take faster measures, for days and more consequences will be made. We have so far continued paying salaries, we have not fired workers, but if this situation continues, we will not be able to keep the entire staff at work. At the moment, we have 1,000 and 300 workers who receive salaries from our corporation”, says Lajci.

In an uncaring state, it is also “Perol Kabashi” in Fushe Kosovo, where about 50 per cent has dropped the sale of derivatives at the retail stations.

Another reason for the decline except the pandemic, according to Father and Kabashi, owner of the “Perol Kabashi”, is not to come to the countrymen this season.

The situation at the moment is very serious, but sales have actually dropped by over 50 percent. We've had high expectations for the summer season, which hasn't been realised by 30 percent... the state support has been very small, only 50 percent of the staff has been paid once for 170 euros, no support has been available. Despite the difficulties we've had, we haven't fired workers because even though the pump work is down, we must keep the staff safe. We have pumps all of us with restaurants and brands, the job is down, but the workers have to keep them at work... Construction of the works has not stopped even during the pandemic yet, but the sale has greatly influenced”, Kabashi says.

He has said that the prices of derivatives are not stable. According to him, three months ago there was a major decline in prices, while prices are now rising.

Kabashi stressed that the price of derivatives currently range from 0.85-0. 90 cents per liter.

Kosovo Customs spokesman Adriatic Stavileci has said of Kosova Preris that in this period of import pandemic, import has marked a drop of 13 million litres.

Not only the import of oil, but many other products during this pandemic have suffered decline. The decline is not too large in statistical terms, we have about 3 per cent less, until, in terms of oil value, because of the international stock market, there has been a drastic decline. In terms of value, we have about 39 per cent less worth of oil imports. If last year by July 333 million gallons [333 million L] of oil, we had 200 million gallons [320 million L] of import in the same period in 2020. While there is also a decline in value because global level has suffered a decline as a price of”, Stavileci says.

Pandemia has also hit the real estate market. Atthe Kabashi, also building residences, stressed that housing requirements have fallen and there is no sale.