The Ministry of Commerce gets up from sleep: Small announcement issued on high oil prices

The Ministry of Industry, Enterprises and Trade has announced that it is working on the new decision to regulate oil prices that will protect consumers and competition by law.

“MINT has already prepared the draft and is holding consultations intensively with heeders, so as soon as we can proceed for approval in the government. Decision is expected to take place soon.

Meanwhile, the Ministry of Industry, Intervention and Trade is continuing market monitoring”, says the report.

Full announcement:

SUFFECTIONS E NAFTA

The Ministry of Industry, Enterprise and Trade is working on the new decision to regulate oil prices that will protect consumers and competition under the law.

The new oil law envisions that the government issues a sublawn act to regulate oil prices and other safeguards.

MINT has already prepared the draft and is holding consultations intensively with heeders, so as soon as we can proceed for approval in the government. Decision is expected to take place soon.

Meanwhile, the Ministry of Industry, Enterprise and Trade is continuing market monitoring.