Energy Ministry to set price ceiling on fuel derivatives

AMMAN — Minister of Energy and Mineral Resources Saleh Al-Kharabsheh said that the ministry will start setting price ceilings for oil derivatives if new companies were to be introduced to the local market, according to JO24.اضافة اعلان

Kharabsheh added that there are not enough marketing companies at the present time to achieve fair competition, and if the ministry found that there are companies that have the ability to compete, it will start following this new system.

He pointed out that there are companies that can qualify, once they have been trained and assessed.

Kharabsheh said that the special tax imposed on fuel is not the responsibility of the Ministry of Energy, but rather the mandate of the Ministry of Finance.

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