Fuel prices may fall — head of the AMCU
This emerged from the broadcast of a meeting of the Verkhovna Rada’s Temporary Investigative Commission.
Pavlo Kyrylenko, Chairman of the Antimonopoly Committee of Ukraine, stated that shelling of petrol stations, particularly in frontline regions, does indeed affect fuel companies’ costs. According to him, restoring a single destroyed petrol station requires significant funds.
At the same time, such costs do not mean that petrol station chains cannot adjust their prices for consumers. When asked whether there is currently scope to reduce fuel prices at petrol stations, Kyrylenko replied in the affirmative.
“Yes, there is scope to reduce prices,” he said.
According to the head of the AMCU, during meetings with representatives of the fuel market, the Committee investigated how prices are set in different regions. The companies explained that the cost of fuel is influenced, in particular, by the distance of delivery to a specific petrol station.
Consequently, prices may vary even between petrol stations within the same chain. At the same time, as Kyrylenko noted, fuel companies have the capacity to reduce fuel prices and should continue to do so.
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