Fuel, price caps and tiered discounts: how the measures introduced by Eni, IP, Q8 and Tamoil work
With Tamoil joining the scheme, all the major companies have introduced measures regarding petrol and diesel prices. Only Eni has specified a price cap in figures
Key points
The latest company to follow suit, in chronological order, was Tamoil. The brand, which belongs to the Oilinvest oil group – headquartered in the Netherlands and with extraction sites in Libya – announced on Thursday “a series of measures aimed at easing the cost of fuel” to help families cope with the price rises they have been facing for months.
12,870 stations potentially affected
This means that all the major oil companies operating in Italia are involved, namely Eni, Ip, Q8 and, indeed, Tamoil. In total, this amounts to 12,780 service stations, out of a total of 21,870 across the country: just under 59 per cent of the total. It should be emphasised that this figure is a potential target.
On the one hand, Eni has announced that the measure will apply to all 3,847 of its service stations; on the other hand, a gradual roll-out – day by day – is planned for the other three companies, which operate 4,575 outlets in the case of IP, 2,888 for Q8 and 1,510 for Tamoil.
The fixed roof
The latter announced its participation on Thursday afternoon, with the discounts due to come into effect between the end of this week and the start of next week. Tamoil has not specified a precise cap, much like IP and Q8. This is in contrast to Eni, which has set specific figures: €1.99 per litre for petrol and €2.19 for diesel.
The other major oil companies will adjust their prices gradually, and these will move closer to Eni’s levels, as suggested by the national averages, which have been falling for several days. The supply chain also plays a part in the picture, as it does not always correspond to the brand on display. In the case of Tamoil, well-informed sources explain that Eni itself is also among the suppliers.
