Prime Minister Edi Rama stated this Sunday on the podcast “Flasim” that the price of fuel in the country is not set arbitrarily, clarifying the role of the Transparency Board.
According to him, the Transparency Board is actively working to reflect the impact of the conflict involving Iran on oil market prices, while preventing abuses that could harm consumers.
“According to data from the Mediterranean exchange, in recent days there has been a decrease in the prices of key oil by-products and, in line with this development, the Transparency Board immediately reflected this reduction in domestic prices, doing what it is meant to do: setting price ceilings and preventing abuse of the situation at the expense of consumers.
What is important to understand is that this mechanism directly links prices in Albania to movements in international markets, not to unilateral decisions by domestic operators.
This means that, depending on price movements on the exchange, the Board consistently stands on the side of consumers, drivers, and citizens, maintaining clear boundaries between price increases that objectively result from international market movements—where Albania imports its fuel from—and potential abuses that may arise if left unchecked.
The Board does not set fuel prices arbitrarily, nor does it lower prices in a way that would risk supply capacities. It simply monitors price movements and does not allow operators to act against consumers’ interests.
Its role is to ensure transparency and to remain vigilant in preventing violations of its decisions. We will do everything possible to ensure that, until the end of this situation, transparency is maintained and no excessive burden harms consumers,” Rama said.
The post Rama: The Transparency Board Does Not Set Fuel Prices Arbitrarily; Its Role Is to Ensure Transparency appeared first on Euronews Albania.
