By abusing its dominant position in the local fuel market, Enemed, the State-owned company, is giving a bad example to the private sector.

In the vast majority of EU member states, the price of petrol and diesel is lower than in Malta.

When it comes to the price of both net of duties and taxes, Malta has the highest prices in the whole of the EU.

The price of petrol net of duties and taxes in Malta is 56.9 cents, and this includes the profit margin, whereas the EU 28 weighted average is 39.7 cents, that is 17.2 cents less – 30 per cent lower!

The government is collecting 75.1 cents in duties and taxes on the price of petrol and 65.8 cents on diesel, more than the price of these fuels themselves.

Why does the government need to collect such high profits on fuel at the expense of consumers?

How much profit is Enemed making on the price of petrol?

Is this the way the government expects the private sector to act in conducting its business?

The Malta Automobile Club is waiting for the European Parliament to consider its petition concerning the absence of competition in the importation, storage and wholesale of petroleum products in Malta.