Prime Minister, Edi Rama held a meeting with with fuel suppliers on Wednesday, calling for cooperation to reduce the impact of the ongoing global crisis while protecting consumers from rising prices.

Rama emphasized that the government will not establish a fuel monitoring board for now, signaling a preference for dialogue over regulatory intervention. He urged suppliers to accept lower profit margins rather than face stricter state controls.

“The goal is not to restrict your business, but to ensure that the global crisis is not entirely passed on to consumers,” Rama said, adding that reduced profit margins would be preferable to the imposition of a board.

The prime minister also revealed that a draft law on the country’s strategic reserves is currently under public consultation. The proposal aims to expand physical reserves to cover up to 100 days, or roughly three months, of supply.

Additionally, Rama announced plans to introduce a state-backed entity into the fuel market as both a guaranteed distributor and wholesale supplier. According to him, this move would help secure necessary fuel quantities and simplify supply relationships by reducing reliance on intermediaries.

Rama concluded by urging suppliers to maintain the balance achieved so far, noting that fuel price increases in Albania have remained relatively moderate compared to global market trends due to constructive cooperation between the government and industry.