The Energy Commission will discuss GERB's proposal for a limit price of BGN 2.70 per liter for motor fuels

The Energy Commission will discuss a draft decision to oblige the Council of Ministers to introduce a mechanism for determining and applying a limit price of BGN 2.70 per liter for motor fuels. It is about gasoline A95, diesel fuel and methane.

The proposal is for the effect of the marginal price for a period of 5 months - from August 1 to December 31 of this year.

Inflation in Bulgaria is a record for the last 24 years. The main reasons for it are 3 - the price of electricity on the free market, the price of liquid fuels and the price of natural gas, the importers from GERB, led by MP Delyan Dobrev, point out in their reasons that they are based on the high inflation in Bulgaria.

At the end of June 2022, with a transitional and final provision in the state budget update, a mechanism was adopted to control the price that final customers in the free market will pay for electricity.

With this draft decision, we propose that the Council of Ministers (Council of Ministers) introduce a ceiling price for the most popular fuels, gasoline 95, diesel fuel and methane. The refinery on the territory of the Republic of Bulgaria processes Russian oil grade "Urals". With the start of the war in Ukraine and the imposition of sanctions on commercial transactions with Russian oil, the price of Urals fell by more than 30 dollars per barrel compared to Brent oil at price levels of 80-90 dollars per barrel. That is, the oil that is processed in Bulgaria is priced at the levels of the summer and autumn of 2021. Moreover, the remaining production costs have not changed significantly during this period. There is no change in the excise tax and VAT on fuels. At the same time, the final price of gas station speakers for the same period jumped by more than 1 BGN per liter. With a consumption in the country of 3.5 billion liters per year, this means that Bulgarian businesses and consumers pay over 300 million per month for motor fuels", write the importers, which also motivates their view that the National Assembly should oblige the Council of Ministers to introduced a mechanism for determining and applying a limit price of BGN 2.70 per liter for motor fuels.