Open energy market, costing oil is warned

Open energy market, costing oil is warned

Economic experts and business representatives estimate that the open energy market and the continuation of this process in the way it is being done most will hit local producers and, therefore, consumer citizens whose ongoing months will have higher product prices. Owner of a factory [...]

The owner of a oil production factory, Berat Mustafa, raises the alarm that the price of his inevitable product will be expensive and will thus favour imported products, which, as it says, are packed in Kosovo markets.

I think the minimum price will rise by 30 cents per litre will be the most expensive oil. Seeing the operational cost in which the rising electricity price is affected. And as long as the citizen is a patriot and consumes local products and wants to support, behind their budget and the crisis they're living with won't be able to buy for 30 cents more expensive than the region that our market is packed with foreign products. The local product will have a huge drop that the consumer will eventually pay off I don't understand how the government isn't reacting because it's not just the manufacturer, but also the consumer citizen who buys the product”, Mustafa said, for Rtv21, broadcast Periscope.

Currently, the price for a litre of oil in Kosovo's markets is 1 euro and 60 cents, while after the ZRRE decision on the open energy market, the price of oil produced in Kosovo risks reaching up to 2 euros. Mustafa, said that within two months electricity in Kosovo has been expensive 3 times and that production companies in Kosovo think it is impossible to compete with regional factories.

“We need to understand that the current is operational cost and expensive within 2 months 3 times or 3 times or 300% of course, for producers it's a very high cost and only a question and a basis for government institutions how to compete with the region? Seeing and knowing that electricity is the operational cost of the manufacturer, because the factory as it goes in the morning cannot start without electricity, and the most difficult is that for a while the decision comes to come out on the free market when you don't have the plan, you don't have a budget for this transition, and at once you have to pay 300% more expensive this is something unacceptable<1> said Mustafa. /Periscope

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