Liberal Energy Minister Virgil Popescu said on Wednesday that the Ministry of Energy is thinking a lot about taxing the entire chain of production, mediation and supply as a possible proposal to amend the current Decree 27/2022, which restricts the energy industry. and gas prices until the end of March 2023.

Virgil PopescuPhoto: Personal archive
  • “I would ask that things regarding amendments to Decree 27 be finalized in the government coalition and then made public. That’s how we got along. People will not be affected by these changes. We are very much thinking about taxation of the whole chain of production, mediation and supply.” – said the Minister of Energy, without providing details.

According to Popescu, the changes will be completed and made public sometime in September-October this year.

  • “Now we have an inflated tax in the law of more than 450 lei for manufacturers. It is normal for the whole chain to be taxed in the end, but the Ministry of Energy cannot determine this. This should be determined together with Finance and NARE. Don’t ask what we can’t do, let’s set the taxes and fees. Instead, we can help in this,” said the Minister of Energy.

Excessive taxation of the entire chain, a measure publicly proposed by the PSD. Virgil Popescu claims that the PNL has always supported this

Excessive taxation of the entire energy chain, from producers to intermediaries and suppliers one of PSD’s proposals on the energy crisis. This will limit market speculation and the possibility of huge profits for some traders.

On Wednesday, Minister Virgil Popescu was asked why this proposal, which was made in the PSD coalition at the beginning of the year, was not taken into account then and now.

“PNL has always supported this,” Popescu said.

  • And if the PNL supported it, why was it not implemented until now?

“Probably, it could not be implemented. PNL has argued, and I obviously support it as well, that you should be as honest and fair as possible. Can’t some get very large profits, and others pay them. It is not normal. We tax everyone when there are very high profits, and the electricity market in certain areas produces very high profits. The current price for PZU is very high. And double is a very big profit.

In my opinion, an electricity or natural gas broker should not earn more than a few percent. Buy and sell, do nothing else. I don’t understand why he should win twice or three times,” said Energy Minister Virgil Popescu.