Fuel prices likely to rise after sharp increase in gas station licence fees

TIRANA, Dec. 9 – Fuel prices in Albania will likely rise, following an announcement that the Albanian government has decided to increase licence fees on fuel and gas stations by a staggering 50-fold compared to current rates. The rates are expected to considerably affect the operation of some 1,000 fuel stations in Albania and translate into higher costs for Albanian consumers who already face one  of Europe’s highest oil prices. Experts expect fuel prices to undergo new hikes of up to 10 lek (€0.07)/litre. The government has decided the fee on the granting and renewal of licences on oil and…