Italy's Fuel Crisis: SOCAR Announces Price Cap at IP Stations
33 Articles
33 Articles
Fuel prices in Italy have reached record highs, and Azerbaijan's state-owned energy group SOCAR has taken a step to curb their rise. The company, which took control of Italiana Petroli (IP) in May this year, has decided to gradually apply a price cap for gasoline and diesel across its network of gas stations. The mechanism will initially start at stations operating under the IP brand. SOCAR has not yet announced what the maximum price at the pum…
Italy's fuel crisis: SOCAR announces price cap at IP stations
State-owned Azerbaijani group SOCAR is introducing a gradual price cap on the IP network after buying Italiana Petroli; from Monday a maximum price for petrol and diesel will also apply at ENI filling stations.
Eni fixes petrol to the maximum of 1.99 euros per litre and diesel to 2.19. Together with Ip, the two companies manage more than a third of the Italian distributors
Ip follows Eni and undertakes to put a roof at the price of the fuel. And so, adding the approximately 4 thousand stations of Eni to the more than 4,500 of Ip, the price of gasoline and diesel will be calmed in more than a third of the approximately 22 thousand Italian petrol stations and does not exclude a towing effect on the others [...] The article After Eni, Ip promises a roof at the price of the fuel: "Progressively from September 28th." B…
From Tomorrow Limits to the Prices of Fuels Also on the Net Ip. 'They Will Be Applied Progressively'
Socar's announcement: 'Let's make a commitment to Italy'. Take also the discount of Eni (ANSA)
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