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Companies Cut Fuel Prices…Daoudi Meets The Owners of Stations

After tightening and attracting between Lahcen Daoudi, the minister in charge of public affairs and government, and fuel companies, the majority of companies in the sector cut prices by about half a dirham, due to the decline in prices in the international market.

Gasoline and petrol prices have fallen by 50 cents to 60 cents per liter, with the exception of Oilibya, which cut prices by only 20 cents, according to Jamal Zrikem, president of the National University of Owners and Traders of Morocco’s petrol station.

Zrikem said that the company’s office will hold a meeting today to discuss the reasons for Oilibya’s reduction of prices, like other companies. He pointed out that “the company’s non-compliance with the price reduction decision will harm the workers at the gas stations”.

Daoudi said that most of the hydrocarbon companies have automatically reduced the prices of fuel since the beginning of this month. “I have visited in Fez and other cities and stopped prices with a slight difference between 3 or 4 centimeters”.

The government official said in a statement that this difference in prices relates to transport and shipping costs, noting that “Oillibya” told him that at some petrol stations increase in the cost of fees, and confirmed that the owners of petrol stations are responsible for rising prices in this case and not the company “Oillibya” because they want to delay the decision to reduce prices, even one day or two days for more profit.

The spokesman said that “there are conflicts between owners and traders and station managers and fuel companies, which prevents the settlement of some matters relating to prices”.

In the coming days, Minister Daoudi will hold another meeting with owners of petrol stations in Morocco. A ministerial committee will also hold a meeting to make recommendations on the decision to clean up fuel.

Daoudi pointed out that the activation of the Competition Council will ease the burden on the government after the cost of the file of hydrocarbons and other issues that require analysis and control of the status of competition in the market, and monitoring practices contrary to them, economic concentration and monopoly.

The minister, who is being delegated to the head of the government in charge of public affairs and governance, threatened fuel companies if they did not reduce gasoline and gas prices at the end of the month by resorting directly to the process of roofing prices and setting the profit margin. But the Moroccan Petroleum Community refused to declare the carrot and stick policy towards them.

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