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Fuel
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Fuel
5 stories
October 30
14:15
Markets
Transparency Board raises diesel by 6 lek to 218 lek a liter; gasoline falls to 179 lek
The new price caps take effect at 3 p.m. on Friday, a day after diesel had been cut to 212 lek, while Brent crude traded above $116 a barrel.
October 29
13:30
Markets
Transparency Board cuts diesel by 1 lek to 212 lek a liter from 3 p.m.; gasoline capped at 181
New maximum fuel prices apply from Thursday afternoon under the special situation declared in the hydrocarbons market.
October 28
16:18
Markets
Rama: Circulation tax scrapped from diesel and gasoline, pump price to fall 32 lek a liter
The 27-lek-a-liter tax, in place since 2011, will be shifted to vehicles and collected through road transport. Foreign cars entering Albania will pay a circulation tax.
October 26
19:00
Opinion
An excise tax with a trigger: fair relief, but with a deadline and public accounts
The mechanism that automatically cuts the excise tax on fuel could soften the blow of the Middle East crisis. To keep it from becoming an endless subsidy, it needs a deadline, transparency and oversight.
October 26
11:40
Markets
Yzeiraj: Fuel excise drops automatically when diesel tops 220 lek and gasoline 200 lek a liter
Deputy Finance Minister Endrit Yzeiraj presented Parliament's law committee with an emergency decree on excise duties, a temporary mechanism that he said cuts the consumer price by 9.45 lek a liter.