From Tuesday, 10 November, new fuel prices come into force, remaining valid for the next seven days. Following a decision by the Government of the Republic of Croatia, all major fuel types will become cheaper, with the largest reduction applying to petrol.
The Government adopted a new Regulation on the determination of maximum retail prices for petroleum derivatives at a telephone meeting held on Monday. Under the new regulation, petrol, diesel and blue diesel, as well as liquefied petroleum gas, will become cheaper.
Eurosuper 95 will cost 1.61 euros per litre, a reduction of eight cents. Eurodiesel will cost 1.85 euros per litre, or four cents less, while blue diesel will be 1.38 euros per litre, a decrease of seven cents.
Gas prices will also fall. Liquefied petroleum gas for tanks will cost 1.81 euros per kilogram, and for cylinders 2.39 euros per kilogram. In both cases, this represents a reduction of six cents.
Maximum retail prices for petroleum derivatives are calculated according to a prescribed formula that takes into account the base price of fossil fuel in the previous seven-day period. The calculation also includes capped premiums, the amounts of which are prescribed for specific fuel types.
Compared to the previous seven-day period, the premium for petrol has increased by one cent per litre, while premiums for diesel and blue diesel have increased by two cents per litre. Excise duties on petrol and diesel have also been raised by two cents per litre.
Without existing price regulation measures, petrol would cost 1.72 euros per litre, diesel 2.11 euros, and blue diesel 1.43 euros. LPG for tanks would cost 1.93 euros per kilogram without Government measures, and LPG for cylinders 2.63 euros per kilogram. The final maximum retail prices for all the aforementioned fuels will be lower.
