Prime Minister Edi Rama, also Socialist Party leader, announced the creation of a state oil company. He said it will transform the hydrocarbon market and protect consumers.
At the Socialist Party Assembly in Unit 7, Rama addressed rising fuel prices due to the Middle East conflict. He explained that removing circulation tax would lower prices, but vehicle owners would pay four times more overall.
He noted that high consumers pay more and are the biggest polluters.
Rama said the new public company will manage strategic oil reserves. It will supply oil and influence prices in favor of consumers, not distributors.
He added that a joint public company with the UAE has replaced outdated concession practices. The company will improve fiscal stamps and oil marking to block smuggling.
Rama also warned that transit oil remains a gray area and risks entering the black market.
/a.c/
The post Rama: State Oil Companies to Protect Consumers appeared first on RTSH English.
