OREANDA-NEWS. January 28, 2011. The new methodology of fixing of prices for oil products in the home market will be elaborated in Moldova. It was said by Deputy Prime Minister, Minister of Economy Valerii Lazar. According to him, the current methodology has shortcomings and the new document will take into consideration the best practices and the international experience in this area.

Experts are currently analyzing the chain of formation of prices for fuel and the profitability level applied by oil companies in Moldova and abroad. A workgroup comprising representatives of the National Energy Regulatory Agency, Ministry of Economy, Ministry of Finance, oil products market operators will be engaged in elaboration of the new methodology.

It should take them a month to submit their suggestions regarding the order of formation of prices for oil products, including the methodology of fixing of prices in the home market, given the well-known international mechanisms.