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Home ECONOMY

Bekteshi: No room for panic, country has enough oil and oil derivatives

March 4, 2022
in ECONOMY, NEWSROOM, STATEMENTS
400 companies to get EUR 17.2 million financial support for investing amid pandemic
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Economy Minister Kreshnik Bekteshi said Thursday there is no room for any panic in terms of the supply of oil and oil derivatives,MIA informs.

“All analyses show that the companies themselves have reserves. In accordance with the Agency for Commodity Reserves, we also have oil, gasoline and all other derivatives. I urge citizens not to queue up at gas stations, because there is no room for panic,” Bekteshi told Sitel TV.

He stressed that all the panic was made up. “It needs to be checked how it came about, whether it came fro=m traders with oil and oil derivatives, or it’s misinformation by news portals. I assure all citizens that this is completely misinformation – there’s oil and oil derivatives in our country and the reserves of the companies are checked by the market inspectorate, and of course we know the data on the state reserves,” said the Economy Minister. In response to a question about limits on fuel used by consumers and a ban on filling tubes, imposed by certain retailers, Bekteshi said it was unacceptable.

“I spoke to the director of the market inspectorate – that’s unacceptable, but citizens should not spread panic, queue up at gas stations, because they won’t get anything from it. There will be oil and oil derivatives continuously and they should not create the crisis themselves, because when buying is not done according to the consumption that is foreseen, it can create disturbance in the market. So, there is no problem in the supply of oil, gasoline and other derivatives,” Bekteshi pointed out.

The Economy Minister added that inspectors are on the ground to conduct checks. He mentioned that all traders with oil and oil derivatives in the country are continuously supplied. Earlier on Thursday, the Energy Regulatory Commission (ERC) told MIA that the country has oil derivatives, traders regularly supply fuel according to demand, but some of the retailers behave in an unfair manner and limit supply, leaving the impression there’s not enough fuel.

The ERC pointed out that during today they have received reports from a large number of consumers that certain retailers of oil derivatives had limited the quantity, i.e. the amount to which they sell fuel for cars.

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