The Azorean executive justifies the “adjustment in the maximum prices for sale to the public” of fuels with the “recent variations in the international market of reference prices for oil and energy products”.
The price of 95-octane unleaded gasoline is now €1,584 per litre, 13.7 cents less than the amount charged in October (€1,721 per litre).
Diesel costs practically the same as unleaded gasoline (1,581 euros per litre), which is equivalent to a decrease of 5.5 cents per liter compared to the month ending today (1,636).
The price of colored diesel for agriculture and fisheries, defined in another order, also saw a reduction of 5.5 cents per litre.
Colored and marked diesel consumed in agriculture now costs 1.099 euros per litre, while the price of colored and marked diesel consumed in fishing is fixed at 0.909.
Fuel oil with a sulfur content of less than or equal to 1%, when intended for other consumptions, supplied in bulk at the distribution companies’ facilities on each island, costs 0.749 euros per kilogram, 2.3 cents less than in October (0.772 euros).
Fuel oil for the production of electricity, supplied in bulk at the installations of the distribution companies on each island, suffers a reduction on the island of São Miguel from 765.59 to 742.95 euros/MT and on Terceira from 794.53 to 771, 89 euros/TM.
In Pico, it drops from 929.62 to 901.74 euros/TM and in Faial from 915.52 to 887.64 euros/TM.
The price of butane gas sold in bottles, piped or in bulk does not change, ranging from €1,348 per kilogram (in bulk) to €1,618 per kilogram (24-liter bottle, made of lightweight materials, sold to the public, at the point of consumption ).
The maximum prices for oil and energy products in the Azores are “changed on the 1st of each month and in amounts equivalent to the variation of the monthly Europe Price (PE)”.
In November 2021, the Regional Government of the Azores reduced the Tax on Petroleum Products (ISP) “by four cents, on 95 gasoline, and by two cents, on diesel for road use”.
Between 18 and 30 April, it granted “an additional support of 11 cents”, to “mitigate the impact of the increase in fuel prices on the European market”.
At the end of April, the Azorean executive applied a new ISP reduction by 11 cents, “given the ongoing geopolitical and military conflict in Ukraine, as well as its impact on the increase in raw material prices, especially oil and its derivatives”.
The most recent ISP reduction took place in August, when there was a drop of nine cents in gasoline and 11.3 cents in diesel.
36.6 cents per liter of ISP are now charged for gasoline and 14.2 cents per liter for diesel.
CYB // ACG
