Oil & Gas

16 Feb 2022

Serbia Caps Fuel Retail Prices for 30 Days

16 Feb 2022  by   
The ceiling for Euro diesel and Euro premium BMB 95 was set at 179 dinars ($1.73/1.52 euro) and 171 dinars per litre, respectively, the government said in a statement at the week-end.


"The government passed the decree on limiting the prices of fuel products in order to avoid greater disturbances and maintain the living standards of citizens, considering that the prices of petroleum products increased in the previous period, which directly influenced the growth in prices of all other goods and services," the cabinet said in a statement.

In late January, the government extended by 90 days a price freeze on sugar, wheat flour types T-400 and T-500, sunflower oil, pork and milk with 2.8% fat content at their November 15 levels.

As of 1 July 2021, there were a total of 1,559 fuel service stations in Serbia. Compared to the same date in 2020, the number has risen by 24. The ranking of the first three companies, when it comes to the number of service stations, remained unchanged, compared to the previous year.

NIS, which is majority owned by Russian GazpromNeft, is still in the first place with the same number of service stations – 316. Second place belongs to the company Lukoil with 116 stations, two more than the previous year. Knez Petrol is in the third place with 95 service stations, which is six more than in 2020. PW140222


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