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Next Pileidou to G.K. : No fuel ceiling
justified
& nbsp & nbspInsider & nbsp; & nbsp;
At the moment, based on the data we have before us, it seems that the setting of a ceiling on the price of petroleum products is not justified, the Minister of Energy, Natasa Pileidou, answers to the Secretary General. of AKEL, Stefanos Stefanou, who had sent a relevant letter to the Minister, days ago.
Regarding the control of cargo prices and the observance of all procedures, Ms. Pileidou answers in the affirmative and notes that “the reason why we can not publish the data we receive from the oil import companies and which prove the position of the HRC that at this stage the setting of a ceiling is not justified, it is the prohibition in the law for the disclosure of the relevant confidential data or information “.
International reductions or increases are reflected with delay
“Your position that the fall in fuel prices in the retail market does not reflect international reductions, is not based on real data based on both our recent and timeless audits, but also studies conducted by the University of Cyprus,” he said. Elsewhere in the reply letter, the Minister of Energy adds that, “in Cyprus, a small market with only the supply by sea of ready-made oil cargoes that usually do not exceed two to three per month, international reductions, or even increases, reflected with a time delay. “This is why there is a misconception, which you also express in your letter, that there is a delayed reduction in fuel prices, which is not proven by our controls.”
