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The document ceased to be valid since March 15, 2019 according to Item 2 of the Resolution of the National agency on regulation in power industry of the Republic of Moldova of March 11, 2019 No. 50

Registered by

Ministry of Justice

Republic of Moldova

On May 3, 2016 No. 1112

THE RESOLUTION OF THE NATIONAL AGENCY ON REGULATION IN POWER INDUSTRY OF THE REPUBLIC OF MOLDOVA

of March 31, 2016 No. 102

About approval of Methodology of calculation and use of prices of oil products

For the purpose of reliable providing consumers with oil products at the prices calculated taking into account reasonable and strictly necessary costs on acquisition (import) and domestic sale, creations of equal conditions for activities of all participants of the market of oil products by establishment of single calculation procedure and use of the prices according to the Art. 4, h. (3) the Law on the market of oil products No. 461-XV of 30.07.2001 (pereopublikovan in the Official monitor of the Republic of Moldova, No. 76, the Art. 342), with subsequent changes, the Administrative board of the National agency on regulation in power DECIDES: 2003,

1. Approve Methodology of calculation and use of prices of oil products it (is applied).

2. Recognize invalid the Methodology of calculation and use of prices of oil products approved by the resolution of Administrative board of the National agency on regulation in power No. 263 of October 5, 2007 (The official monitor of the Republic of Moldova, 2007, No. 168-170, to the Art. 628) registered by the Ministry of Justice at No. 520 of October 18, 2007.

3. To impose control over observance of this resolution on divisions of the National agency on regulation in power.

Serdzhiu Ciobanu,

director

Octavian Lungu,

director

Yuriye Onika,

director

Genadiye Pyrtsu,

director

 

Appendix

to the Resolution of the NARE Administrative board of the Republic of Moldova of March 31, 2016 No. 102/2016

Methodology of calculation and use of prices of oil products

I. General provisions

1. The methodology of calculation and use of prices of oil products (further - Methodology) aims at establishment of method of calculation and use of the prices of retail sale of main types of oil products and the liquefied gas. Wholesale of main types of oil products and the liquefied gas is performed at free prices.

2. Tasks of activities for forming and use of the prices of main types of oil products and the liquefied gas consist in the following:

a) reliable providing consumers with high-quality main types of oil products and the liquefied gas;

b) covering of the reasonable and necessary expenses connected with import and realization of main types of oil products and the liquefied gas;

c) respect for the principle of maximum efficiency in case of the minimum costs connected with import and realization of oil products and the liquefied gas;

d) providing optimal conditions for development of fair competition;

e) protection of legitimate interests of consumers of oil products.

3. The methodology determines:

a) structure of the costs (connected with activities for import and realization), included in case of marginal calculation of retail prices of realization of main types of oil products and the liquefied gas;

b) procedure for marginal determination of retail prices of realization of main types of oil products and the liquefied gas;

c) marginal use of retail prices of realization of main types of oil products and the liquefied gas.

4. In Methodology concepts which are determined in the Law on the market of oil products are used.

II. Ceiling calculation of prices for main types of oil products and the liquefied gas

5. Marginal prices of retail sale of main types of oil products and the liquefied gas are calculated on 1 liter, by each type of product and are based on the following components:

a) average size of quotations:

- Platts Cargoes FOB MED (Italy) or Platts Cargoes FOB NWE, depending on the region from which import is performed, - for main types of oil products;

- Argus DAF Brest propane-butane mix, according to Argus International LPG – for the liquefied gas;

b) the rate of excises applied according to the Tax code of the Republic of Moldova;

c) the rate of the value added tax applied according to the Tax code of the Republic of Moldova;

d) specific trade margin.

6. Marginal prices of retail sale of main types of oil products and the liquefied gas are determined for the period in 14 calendar days by formula:

where:

Формула к Пост. НАРЭ РМ от 31.03.2016 г. №102

PP – marginal price of retail sale of main types of oil products, the liquefied gas, lei/litre;

CM (i) – average size, depending on type of fuel, the average published quotations:

- for the last 14 calendar days for main types of oil products – Platts Cargoes FOB MED (Italy) or Platts Cargoes FOB NWE, depending on the region from which import, $/ton is performed;

- for the last 28 calendar days for the liquefied gas – Argus DAF Brest propane-butane mix, according to Argus International LPG, $/ton;

CV – the official average exchange rate of national currency established by National Bank of Moldova to US dollar for the last 14 or in case (for the liquefied gas) 28 calendar days preceding date of price fixation, lei/$;

AC – the rate of excises (in the absolute amount on one ton) applied according to the Tax code of the Republic of Moldova, lei/ton;

p – the average density of main types of oil products and the liquefied gas established for gasoline in the amount of kg/litre 0,758 for diesel fuel – 0,841 of kg/litre and for the liquefied gas – kg/litre 0,564;

MCSn - the specific trade margin connected with realization of main types of oil products, the liquefied gas for year of "n", determined according to Items 7-12 of this Methodology, lei/litre;

TVA – the rate of the value added tax (in the absolute amount on one liter) applied according to the Tax code of the Republic of Moldova, lei/litre.

III. Determination of the maximum size of specific trade margin

See III. Determination of the maximum size of specific trade margin (18Kb In original language)

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