Applications for operating licences for petroleum imports were yesterday opened by the Malta Resources Authority in one of the final steps towards the effective liberalisation of the petroleum market.
It represents another step away from the monopoly so far enjoyed by Enemalta Corporation, after the independent regulator was set up to monitor petroleum operations and oversee market liberalisation.
The applications cover operating licences for petroleum imports and wholesale, and operation of a primary storage facility.
The MRA said all efforts will be made to ensure an expeditious consideration of applications.
“The consumer is the main focus of this liberalisation. All operators should be aware the consumer deserves and expects upgrading of standards, not least where quality, price of service rendered and safety in operations are concerned.”