Slovenia, Government introduced fuel price caps

, SEE Energy News

The Slovenian Government adopted a regulation which determines the maximum prices of fuel at petrol stations. The prices of petrol and diesel will be capped for a month starting on 15 March.

Petrol is capped at 1,503 euros/liter, while diesel is capped at 1,541 euros/liter. The price cap was reintroduced to contain the surge in petrol prices following Russia’s invasion of Ukraine, which led to rising global oil prices.

The price was capped based on calculations taking into account the seven-day representative average of prices that the Infrastructure Ministry sends to the European Commission. The situation will be monitored during the next 30 days and the government will take further action if necessary.