Dear fuels, ministers Urso and Pichetto call the refineries for October 8th
Meeting at Mimit to evaluate the increase in national production. Meanwhile, the discount on excise duties for diesel is reduced
Quick Look
- Ministers Urso and Pichetto have convened the refining companies for October 8th to increase national production and deal with the energy crisis.
- Meanwhile, the discount on diesel excise duties is halved.
AI-generated summary
Why It Matters
Critical international scenario for energy supply and government measures on fuel excise duties.
The Minister of Business and Made in Italy, Adolfo Urso, and the Minister of the Environment and Energy Security, Gilberto Pichetto, have called together companies operating in the refining and production of goods and derivative products sector for Thursday 8 October. The objective, explains a note, is "to evaluate how national refineries can increase the production of the main products to mitigate the effects of the current international scenario on the country's supply".
In addition to Unem (Energy Union for Mobility), representatives of Sonatrach, Socar-IP, Iplom, KPI, Alma Petroli, Ludoil/Isab, Eni, Saras and Innovhub were invited to participate in the meeting.
Meanwhile, prices remain stable on the ordinary road network for fuel, but from Saturday 26 September increases on diesel are expected in view of the halving of the discount on excise duties decided in the latest decree of 16 September. According to data collected by the Mimit fuel price observatory, the average price of fuel in 'self service' mode along the national road network is today equal to 2.154 euros per liter for petrol and 2.338 euros per liter for diesel, the same levels as yesterday. On the motorway network, however, the average self-service price is 2.247 euros per liter for petrol (slightly higher than yesterday's 2.245 euros) and 2.421 euros per liter for diesel (from 2.419 yesterday). The discount in force on diesel excise duties is currently equal (including VAT) to 12.2 cents per litre, from tomorrow until 5 October it will drop to 6.1 cents.
What to Watch
AI outlook — possibilities, not facts
Meeting between ministers and refining companies on 8 October
Very likely · Within days
Reduction of the diesel excise duty discount to 6.1 cents
Very likely · Within hours
Open Questions
- What will be the concrete decisions of the meeting on 8 October?
- Will there be further changes to excise duties after October 5th?
