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PRICES OF PETROL GO UP AS OF TONIGHT DUE TO ROAD FEES

ZAGREB, March 29 (Hina) - The prices of all types of petrol and diesel fuel, except for Eurodiesel blue and extra light heating oil, will rise by 7.1 to 9.8 percent as of midnight on Thursday due to the introduction of a 40 lipa fee per litre for the financing of the construction of roads.
ZAGREB, March 29 (Hina) - The prices of all types of petrol and diesel fuel, except for Eurodiesel blue and extra light heating oil, will rise by 7.1 to 9.8 percent as of midnight on Thursday due to the introduction of a 40 lipa fee per litre for the financing of the construction of roads. #L# The retail prices of oil products have been increased by 49 lipa per litre because the road fees are added to Ina's selling prices, which have been enlarged by excise taxes, with Value Added Tax being calculated from that amount. In a statement issued today, the Croatian Oil Industry INA reported that changes to the Law on Public Roads introduce the obligation to pay fees for financing the construction and maintenance of public roads amounting to 0.40 kuna per litre for all types of petrol and diesel fuel. This means that Super 98 engine fuel with lead will cost 7.40 kuna per litre instead of the current 6.91 kuna, Normal 91 lead-free petrol will cost 6.59 kuna instead of the current 6.10 kuna, Eurosuper 95 lead-free petrol will cost 6.79 instead of 6.30 kuna per litre, whereas the price of Eurosuper plus lead-free petrol will rise from 6.67 to 7.16 kuna per litre. Eurodiesel fuel will cost 5.5 instead of 5.01 kuna per litre. The road fee is calculated for all fuel shipments starting March 30 2001, at 00.01 hours. The new selling and retail prices for all products subject to the obligation of paying the road fee will be applied as of the same date, INA said. On March 16, INA lowered its retail prices for oil products by 2.4 to 7.3 percent. This weekend will see a new adjustment of prices to the prices of oil products on the Mediterranean market and the dollar- kuna exchange rate. (hina) rml

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