The Serbian Government has introduced a regulation setting maximum retail prices for Euro diesel and Euro premium BMB 95 petrol. The regulation outlines the formula used to calculate these price caps and specifies the conditions for their application.
The cap for both Euro diesel and BMB 95 petrol is determined by adding a fixed margin of 0.15 euros per liter to the country’s average wholesale price. Registered agricultural enterprises are entitled to a special diesel price of 153 euros per liter, capped at 100 liters per hectare for up to 100 hectares of cultivated land.
Every Friday, the Ministry of Internal and Foreign Trade will publish the maximum retail prices for the upcoming week, based on market data supplied by the Ministry of Mining and Energy.
Fuels containing performance additives are exempt from these price caps; however, distributors must declare any additives before placing such products on the market. Failure to comply with these rules may result in financial penalties and suspension of business operations for up to one year.
This pricing system will remain in effect for six months from the regulation’s date of entry into force.
