Price caps on gasoline in some islands expected

The authorities are expected to impose a two-month price cap on fuel prices in the southern Aegean islands where unleaded gasoline has soared to almost 2 euros per liter.

After a meeting of the Regulatory Authority for Energy (RAE) on Tuesday failed to take a decision, the matter will be forwarded for consideration to the Ministry of Economy and Development and the Ministry of Energy and Environment, whose fuel price observatory has been monitoring the steep increase in forecourt charges.

Its data shows that motorists on Sikinos are paying 2.045 euros/lt at the pumps, while gasoline costs 2 euros/lt on islands such as Alonissos, Amorgos, Anafi, Andros, Milos, Naxos, Santorini, Schinoussa, Serifos, Sifnos and Skopelos.

Last month, the Regional Authority of the Southern Aegean requested the Economy and Development Ministry to impose a price cap.

A follow-up...

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