Govt sets maximum wholesale prices of petrol, diesel

Ljubljana – The Slovenian government has capped the wholesale price of regular petrol and diesel two and a half weeks after regulating retail prices. The wholesale price has been set two cents below the retail price.

Wholesalers will be allowed to charge EUR 1.483 per litre of petrol and EUR 1.521 per litre of diesel, a price the government said on Thursday provided a margin that would make it possible for small retailers to secure fuel supplies.

Many small service station operators have complained that they were simply not getting fuel from wholesalers since prices were capped. Either that, or they were forced to buy fuel at a price above the maximum retail price.

Indeed, the government decree explicitly stipulates now that companies selling fuel may not stop deliveries. In the event they incur losses, they will be compensated under a scheme that will be put in place after this temporary measure expires.

Price administration was initially put in place for a month, but today’s decree extends it until 30 April.