While the Cabinet of Ministers accuses gas station operators of speculating on fuel, the AMCU is monitoring the reasons for the lack of fuel at gas stations.
The Antimonopoly Committee will analyze the situation on the Ukrainian fuel market and state that it will find out whether the crisis could have been caused by a conspiracy of the largest market players. This was reported by the press service of the Antimonopoly Committee of Ukraine.
The AMC clarifies that this is not about prices, but about the lack of fuel at gas stations.
“The Antimonopoly Committee has launched a study on compliance by economic entities in the retail market of fuel with the requirements of the legislation on protection of economic competition. The aim is to find out whether there were/are objective reasons for the critical situation in the retail markets concerning the restriction of supply during April-May 2022, whether the crisis could have been caused by a conspiracy of the largest market players, “the statement reads.
The AMC notes that for two weeks they have been monitoring the situation on the fuel markets from publicly available sources, receiving information from consumers and the authorities.
There was also a working meeting with representatives of the largest networks of gas stations in Ukraine.
The AMCU emphasizes that the measures taken will clarify the causes of the shortage in the fuel market and give society an objective, unbiased picture of the situation.
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We will remind, gas station operators are accused of fuel speculation.
“We see that some unscrupulous market operators set prices above the maximum allowable – 60, 65 and even 70 hryvnias per liter. There is a war in the country, and we consider such price speculation as looting. The government has authorized regional military administrations to monitor the establishment prices. We will react harshly to such facts in accordance with the requirements of wartime, “said First Deputy Prime Minister – Minister of Economy Yulia Svyridenko.
The government believes that the price of fuel is around 40 UAH per liter. After all, the VAT was reduced three times and the excise tax on fuel was zeroed. Accordingly, a new procedure for calculating marginal prices came into force. In March, this really led to lower fuel prices .
However, later in the Ukrainian fuel market there was a crisis that limited the supply of fuel in the networks Gas station. In particular, the occupiers destroyed the only oil refinery in Ukraine – the Kremenchug refinery.
After Russia's military invasion of Ukraine our state has lost almost all fuel imports. We are talking about 80% of domestic consumption.
The Cabinet even allowed the abolition of the “ceiling” for premium fuel prices at gas stations . But on one condition – trade in fuel at regulated prices.
