The government approved the decision on fuel prices, oil heads: We're still in.

Oil Association Chairman Fadil Beryan, who has been alarmed since the government warned of the release of this sublegal act, told Gazeta Express that they have not yet accepted the executive decision, and as a result, could still be declared.

“We have yet to accept the decision by the Government. As well as we have not yet held the representational meeting of oil-marketing companies in Kosovo, and we cannot declare it”, Berjan said.

Oil and gasoline prices have reached record levels recently and government intervention was classified as brutal by oilmen.

In a letter the head of oilmen, Fadil Beryan has sent to Prime Minister Albin Kurti and ministers has demanded a reduction in excise and T VSH for oil products. He has also warned of closing the derivative pumps across the country if their demands are taken into account.

Trade Minister Roseta Hajdari, in address to the government cabinet, said how they have observed differences in oil prices in the market and that these actions are taking to protect consumers.

“The government with a sublaw to determine the price of oil fuels being made to protect the consumer and regulate competition. Based on the evidence the Ministry of Commerce has, there are differences in oil prices in the market. The direction in question is prepared in co-ordination with the Ministry of Finance, and with this guide I propose the immediate definition of the maximum price allowed for derivatives. On behalf of the Ministry of Commerce, I propose to the government the adoption of administrative instruction for regulating the price of oil fuel”, Hajdari said.

According to the draft of this decision published in the media, at least 2 to 3 cents is meant to be the profit for a litre of oil for retail vendors, while 6-10 cents for retail vendors.

While, 10 cents per litre is meant to be the profit for retail sales for non-initiative subjects.

That would lower the current price of derivatives for 12 cents.