Albania is in the last three places in Europe in terms of economic development, but there is an index where it competes with the richest economies on the planet, namely the high price of oil.
According to 'Global Petrolum Prices', in fact, Albania is currently at the 13th place for the highest oil price in the world. Albanian citizens pay on average 1,42 euros (178 leke) for a liter of oil, while on the other hand more developed countries like Germany, Holland and Austria, the price is much lower; the cause of all this, according to the Association of Hydrocarbons, belongs to the government.
"Because the taxation system now used on oil is among the highest in the world and we have some specific taxes that are not applied in other countries. For this reason, the high price comes from the taxation included in the sale-purchase service. " - says Luigj Aliaj, of the Hydrocarbons Association.
For every liter of fuel, which as mentioned is paid 1,42 euros, more than 0,80 euros go to the government, while the remaining part is the actual cost of oil. This means that the price of oil never goes down, even if it comes to a hypothetical situation in which oil on the stock exchange is sold for free.
"The price of oil that is published daily by the international stock exchanges includes the transportation, expenses, distribution costs and revenues of the companies, and is around the 0,55-0,60 euro; all the rest is taxation. " - continues Luigj Aliaj.
But despite this heavy burden, the government continues to add taxes on oil, including through concessions. A new tax is coming very soon:
“Now a tax is being prepared that will be passed to the private sector, for the control of petrol pumps. It will be an additional expense to the fuel price "- concludes Luigji Aliaj.
Many experts believe that the high price of fuel has greatly damaged the economy of the country, causing Albanian entrepreneurs to be less competitive compared to neighboring countries, where oil costs less as in Macedonia, where the price of oil is of approximately 1,04 euros.
This article was originally published in Albanian on Quotidiano Shqip entitled "Shqipëria, and 13 në botë për çmimin më të lartë të naftës "
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