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Petrol and OMV to comply with regulation of heating oil prices

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(Photo: Tamino Petelinšek / STA)

By: J.S., STA

The energy companies Petrol and OMV Slovenija, leading providers of petroleum products in Slovenia, said they would abide by a new government regulation re-introducing administered heating oil prices which will kick in on 9 November.

Petrol and OMV Slovenija will thus have to limit the distributors’ margin to a maximum of six cents per litre of heating oil. Currently, the price is expected to be 15 cents per litre. Economy Minister Zdravko Počivalšek noted today that the price of heating oil had increased by 69% since 2016, including by 64% due to the increase in global market prices.

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