The consequences of Moldovan oilmen's

The consequences of Moldovan oilmen's "flirtation" with political decision makers
The consequences of Moldovan oilmen's "flirtation" with political decision makers

Author(s): Ion Muntean
Subject(s): Energy and Environmental Studies, Environmental and Energy policy, Financial Markets
Published by: IDIS VIITORUL Institutul pentru Dezoltare şi Initiative Sociale
Keywords: Fuel prices; price of petroleum products in 2021; Moldovan market; import of A95 petrol;
Summary/Abstract: The interference of political decision-makers in the process of setting fuel prices is a very visible practice, being acknowledged by the representatives of some oil companies operating in the Republic of Moldova. As a result, the stable and predictable market development framework is compromised and the prospect of rooting competitive principles becomes even more distant. In the first 2 months of 2021, the price of petroleum products experienced an increase that was reflected differently on the Moldovan market compared to the same evolution on the Romanian market, where most quantities of petroleum products come from. Over 65% of the market is held by 6 companies, and over 80% of the import of A95 petrol is controlled by only 3 companies.

  • Page Count: 3
  • Publication Year: 2021
  • Language: English