TIRANA, March 19 – Infrastructure and Energy Minister Enea Karakaçi said the government continues to monitor the fuel market closely, while no decision has been made on reactivating the Transparency Board or setting price caps. He made the remarks while addressing opposition proposals to reduce the circulation tax on fuel prices.

Karakaçi explained that Albania applies a different model for the circulation tax compared to some European Union countries. He said some countries collect the tax through fuel prices, while others apply it through vehicle taxation. Albania collects the tax at fuel stations, ensuring that higher users pay more.

The minister said authorities track fuel market developments both domestically and across the region. He added that the government has not yet decided on introducing a price ceiling or reactivating the Transparency Board, as it awaits further market developments. He noted that the mechanism remains available and can be activated by a Council of Ministers decision.

Karakaçi also addressed supply concerns, stating that the Strait of Hormuz does not pose a risk for Albania’s fuel supply. He said more than 90 percent of petroleum imports arrive through alternative maritime routes. He added that the government maintains communication with industry stakeholders to avoid immediate intervention, while keeping the option to act quickly if needed.

/a.p./