Tag: gas
Macedonia 26.03.22 | 14:40

Solidarity: EU to procure gas for our country from the United States

Macedonia, as well as other countries in the Western Balkans, will be included in the platform for joint purchase of liquefied natural gas (LNG) and hydrogen, which was agreed yesterday by the EU and the United States. According to the government press service, this is a result of the policy of solidarity...

World 26.03.22 | 10:05

EU leaders urge Western Balkans to join joint purchasing of gas

European Union leaders backed the idea of member states joining forces to buy natural gas to address the challenge of reducing energy dependence on Russia while protecting Europeans from spiraling energy costs and said that the EU purchasing platform would be open to the Western Balkans as well. “The...

Balkans 20.03.22 | 16:51

Russian gas supplies to Europe expected to remain stable

Russia will continue to supply Europe with natural as through the Balkans and the Turkish Stream pipeline, and through Ukraine, its Gazprom company said Balkan countries are concerned after after Bulgaria said that it will not renew its contract with Gazprom when it expires at the end of this year. Turkish...

Balkans 19.03.22 | 23:51

In a move that could affect the whole of the Balkans, Bulgaria plans to give up on Russian gas

Bulgaria announced it will not renew its contract with Gazprom for deliveries of Russian gas, and that it will look for other suppliers, Finance Minister Asen Vasilev said. Bulgaria receives all of its gas from Russia, and has a 10 year contract that expires at the end of 2022. It already gave up on...

Economy 17.03.22 | 19:24

Gas prices go down 3.3 percent

Gas prices will go down by 2 denars a liter and diesel will go down by 3 denars this evening, as result of the lowered oil prices in the global markets. The Regulatory Energy Commission said that the average reduction in prices will be 3.31 percent. This gives some respite to motorists, after the shocking...

Economy 10.03.22 | 15:34

Another gas price hike expected later today

The RKE regulatory commission announced another gas price hike later today. The commission amended its model and is now changing the gas price daily, depending on fluctuations on the international markets. It especially hiked the diesel fuel price, almost equaling it to the regular gas. The Government...

Economy 10.03.22 | 11:38

Citizens fear new gas price shocks

After the price of gas went up twice in three days, citizens are worried that new inflationary shocks are coming. Gas went up by 5.5 and 10 denars per liter on Monday and by 3.5 and 8.5 denars on Wednesday evening. The prices now amount to 93 denars for the BS95 gas, 95 denars for Bs98 and 94 denars...

Economy 10.03.22 | 09:49

VMRO-DPMNE: Our citizens are being robbed by these gas prices

The opposition VMRO-DPMNE party responded to the latest spike in gas prices, that was announced yesterday, by accusing the Government of robbing the citizens. In just two days, diesel is up by 18.5 denars and gas is up by 11. This is the sign of the Government’s incompetence to manage the crisis....

Economy 09.03.22 | 15:44

The Government finally listened to the opposition and lowered the gas tax

Prime Minister Dimitar Kovacevski today announced that the Government will ask Parliament to reduce the excise tax on fuel and the value added tax on food and energy. The VAT rate goes down from 18 to 10 percent for fuel and liquified gas. This will help protect living standards of our citizens and keep...

Economy 09.03.22 | 14:20

Energy crisis: Another gas increase expected this evening

Fuel prices are set to go up again today. The RKE regulatory commission changed its model and is now calculating new prices daily. It announced that this evening, a new price will be set, and it will reflect the further rise of oil on the world markets. A huge increase on Monday caused long lines at...

Macedonia 08.03.22 | 20:39

Misajlovski: Gas prices could go up by 10 denars this week

VMRO-DPMNE Vice President Vladimir Misajlovski warned that gas prices can go up by another 10 denars a liter as early as this week. The prices went 10 and 5.5 denars up (for diesel and gas) yesterday and the Regulatory Energy Commission said that it will evaluate new prices daily. Any sense of predictability...

Economy 08.03.22 | 17:14

Energy crisis: Alliance of Albanians demands a reduction of the gas taxes

The Alliance of Albanians called on the Government to reduce the excise tax collected on the price of fuel. An enormous price hike yesterday caused long lines at the gas stations as motorists were trying to tank up before the new price goes into effect. As the price of oil on the world markets keeps...

Economy 07.03.22 | 14:03

Energy crisis: Government rejects VMRO proposal to cut the gas excise tax in half

Members of the ruling majority in Parliament refused the proposal from VMRO-DPMNE to cut the excise duty tax by half. Macedonia is facing a new hike today, as the price of oil skyrockets in the global markets. Our proposal would’ve reduced the price of diesel by 9.5 denars and that of gas by 13...

Economy 07.03.22 | 09:00

Macedonians expect new round of gas price hikes

Macedonian consumers are bracing for a new round of gas price hikes, as the price of oil on the world markets rose to over 130 dollars. This already caused lines at pumps over last week, and prompted the Government to accuse gas companies of hoarding and threaten them with inspections.

Economy 06.03.22 | 22:13

Energy crisis: Government will subsidize gas heating bills in Skopje in light of the huge spike in natural gas prices

The Macedonian Government announced today that it will subsidize gas heating bills in the capital Skopje, given the huge spike in natural gas prices caused by the Russian invasion on Ukraine. The Government already had the state owned ELEM/ESM energy company temporarily take over the BEG central heating...

Economy 04.03.22 | 20:02

Inspections sent to keep food and gas traders in check

Financial police and market inspectors teams raided a number of food wholesellers and retailers today, after shortages were reported over the past week. The shortages mainly affected meat and fresh fruit, in various supermarkets, and they came as the Government changed the way in which it is controlling...

Economy 03.03.22 | 20:27

Energy crisis: Gas lines are forming across Macedonia

Long lines have started forming at gas stations across Macedonia. Rumors that the regulated price of gasoline will be increased heavily in the coming days have enticed some gas stations to limit the amount of gas an individual motorist can buy. Telma TV, which is owned by the biggest chain of gas stations...

Economy 02.03.22 | 11:37

Macedonians are preparing for new gas price hikes

Macedonians are bracing for another gas price hike, as the price of oil surpassed 100 dollars per barrel on the international markets. The latest spike is caused by the war in Ukraine and the subsequent Western sanctions against Russia, after months of increases over Covid and the global inflation increase. Macedonians...

Economy 23.02.22 | 09:34

Gas prices have gone up 70 percent

Fuel prices have risen 70 percent over the past years, the VMRO-DPMNE party said in a statement. It pointed out to the fact that diesel fuel was sold for 46 denars a liter in April 2020, and 56 denars in April 2021, but now costs 75 denars. That amounts to an increase of 63 percent. Gas spiked from 50...

Economy 16.02.22 | 18:14

Energy crisis: Protest in Bitola against the latest gas price hike

Members of the Bitola Car Club protested today against the persistent gas price hikes. We are negotiating with other clubs in Macedonia to expand the protests into road blockades. We know that the city of Bitola has nothing to do with the price hikes, but we have to start somewhere. It’s not going...

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