Fuel excise cut extended to Oct 25, diesel at 236 dinars
The caretaker government extended the 25% excise cut. Maximum prices stay the same for another seven days: Eurodiesel 236, BMB 95 petrol 207 dinars a litre.
Fuel excise duties in Serbia stay 25% lower until October 25, 2026, which puts the excise on gas oils at 55.53 dinars a litre. The Serbian government, in a caretaker mandate, extended the decision, which had been due to expire on Sunday, October 18.
The Ministry of Finance confirmed the extension to the Tanjug news agency on Friday evening, October 16. The same day, the ministry said that retail fuel prices will stay unchanged for the next seven days.
What are the excise duties per litre?
With the 25% cut, the excise duties are:
- leaded petrol: 57.41 dinars a litre
- unleaded petrol: 54 dinars a litre
- gas oils (diesel): 55.53 dinars a litre
How much does fuel cost at the pump?
Maximum retail prices remain the same as last week: a litre of Eurodiesel costs 236 dinars, and BMB 95 petrol costs 207 dinars. The weekly prices are published through October 23, while the lower excise duties apply two days longer, until October 25.
According to Dubravka Djedovic Handanovic, the caretaker Minister of Mining and Energy, prices have not changed since September 18, even though market prices rose over that period. The excise cut, meanwhile, has been extended week after week since at least the end of September, when the deadline was September 27.
What does the minister say about fuel reserves?
Djedovic Handanovic told public broadcaster RTS that the state is ready to step in on the market, primarily through its diesel and petrol reserves, as it has done before. She put the reserves in figures:
“Prices have not changed since September 18, even though on the market they have only gone up over the past period. We have enough reserves to react, currently 517,000 tons of diesel and about 104,000 tons of petrol, so the citizens will not be short of anything.”
The minister made the statement as the deadline for the lower excise duties was running out, and the caretaker government renewed the decision for another week.
