Here is a synoptic overview of the main recommendations of the Competition Council published on September 26 and contained in its opinion No. A/3/22 on the soaring prices of inputs and raw materials at the global level and its consequences on the functioning of competition national markets for fuels, in particular gasoline and diesel.
– Urgently review, as a priority and in depth, the framework and mode of regulation of the diesel and gasoline markets.
– Further ease the conditions of access to the diesel and gasoline markets upstream and downstream by accelerating the implementation of the recommendations issued by the Competition Council in 2019.
-Review the legal and regulatory framework governing contractual relations between distribution companies and service stations.
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-Encourage diesel and gasoline market operators to use risk hedging instruments.
-Study the opportunity to maintain and develop a refining activity in Morocco.
-Extend the tax system currently applied to protected sectors, to the market for the distribution of petroleum products while introducing an exceptional tax on the excess profits of companies importing, storing and distributing diesel and gasoline.
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– To rule out any possible return to the direct subsidy of these products and introduce instead direct aid to the most vulnerable populations and adequate tax relief for the benefit of the middle classes.
– Accelerate the implementation of the strategy for an energy transition.
