New excise rate affects all consumers as liquid gas prices increase by 40%

TIRANA, Feb. 7 – Liquid gas prices have increased by an average of 40 percent in the past month, reflecting an excise tax meant only for propane-powered vehicles but which is also indirectly affecting household and business consumers, sharply increasing their energy costs. The hike also reflects a slight increase in European gas prices in the past couple of months. Liquid gas prices have increased to about 70 lek (€0.5)/litre compared to only 50 lek (€0.36) until late December just before an 8 lek (€0.06)/litre excise rate was introduced only for liquid gas powered cars, but which is affecting both…