The consumer price of petrol imported by Enemed net of duties and taxes is 60.316 cents per litre – 9 cents higher than the EU 28 average of 51.233 cents per litre.
http://ec.europa.eu/energy/observatory/reports/2018_12_17_without_taxes_1932.pdf
Enemed’s price of 60.316 cents per litre, which includes its margin of profit, is the highest price in the EU 28.
In Slovenia, the price is 46.019 cents per litre, which is 14 cents per litre lower than Malta!
Why cannot Enemed Company Limited procure its supply of petrol from the same source used by Slovenia?
How much profit is Enemed making on petrol, given that it has absolutely no competition in Malta?
What happened to the “business-friendly government”? Does this not apply to the petroleum sector? Why is petrol being purchased, stored and sold by the government as was done 44 years ago, when Malta was not a member of the EU?
It is clear that the government has found an easy source of revenue and does not intend to share it with the private sector. It is strange that the private sector does not complain about the current situation, but the burden is being carried by the consumer.
There is no doubt that if Enemed had succeeded to purchase petrol at a lower price, net of duties and taxes, it would be in a position to sell it at a lower price than €1.36 per litre inclusive of duties and taxes!
At present, petrol prices, including duties and taxes, in 17 EU countries are lower than Malta’s, including the United Kingdom!
http://ec.europa.eu/energy/observatory/reports/2018_12_17_with_taxes_1932.pdf
In Bulgaria, the price of petrol including duties and taxes is €1.00 per litre, which is 36 cents less than in Malta.
Perhaps Enemed could consult Bulgaria and see from where Bulgaria is getting its petrol supplies!
Bulgaria also charges its customers less duties and taxes than Malta, because it is procuring its petrol only 13 cents lower than Malta.
In Sofia, Bulgaria, there are Eko, Lukoil, OMV, Rompetrol, Shell, SNG, Gazprom and other brands of petrol stations!
https://bg.fuelo.net/gasstations/settlement/4342?lang=en
Why are consumers in Malta treated worse than the consumers of former communist countries? Is Malta really the best in Europe? When it comes to vehicle taxation and the availability of petrol, Malta is the worst in Europe.
Alfred A. Farrugia