Slovenia National Assembly considers fuel tax cuts and subsidies

The Slovenian National Assembly is holding an extraordinary session to approve legislative changes aimed at mitigating high fuel prices for the agricultural and transport sectors. The proposal includes reducing the excise tax on heating oil from 157.50 to 42 euros per 1,000 liters.

Additionally, the amendment seeks EU approval to temporarily lower taxes on 95-octane gasoline, diesel, and heating oil below European directive limits. If approved, gasoline taxes could drop to 139.5 euros, diesel to 105 euros, and heating oil to zero euros per 1,000 liters for a six-month period. This measure is estimated to result in a 256.5 million euro loss in tax revenue.

To protect food and transport supplies, road carriers of goods and passengers may be eligible to recover up to 70 percent of additional diesel costs exceeding a reference price, excluding those operating under public transport concessions. Carriers can also receive a 150 euro subsidy per energy-efficient tire.

Subsidies for heating oil will also be available for sectors including agriculture, forestry, beekeeping, fishing, and aquaculture, covering the difference between reference and threshold prices. The aid period is expected to run from June 4 until the end of the year, with Borzen estimated to provide 36 million euros for the program.