Slovenia, Government has capped the wholesale prices of regular petrol and diesel

, SEE Energy News

The Slovenian Government has capped the wholesale prices of regular petrol and diesel some two and a half weeks after regulating retail prices. The wholesale price has been set two eurocents below the retail price.

Wholesalers will be allowed to charge 1.483 euros/liter of petrol and 1.521 euros/liter of diesel.

The regulated wholesale price provided a margin that would make it possible for small retailers to secure fuel supplies. Many small petrol station operators have complained that they were simply not getting fuel from wholesalers since retail prices were capped. Either that, or they were forced to buy fuel at a price above the maximum retail price.

The new Government decree explicitly stipulates 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 caps were initially valid for a month, but the decree extended their validity until 30 April.