Icon
Come back

1 min

02 Sep. 2024

7345

Zelensky signed the law on fuel excise taxes: when and how much will gasoline, diesel and gas rise in price?

Transport
Cost of living
Ukraine
Zelensky signed the law on fuel excise taxes: when and how much will gasoline, diesel and gas rise in price?

On September 1, the President of Ukraine signed a draft law that provides for an increase in excise duty on gasoline, diesel and autogas. Learn more about the price increase and the current schedule of annual price increases

Apply for a car insurance policy at Visit Ukraine - guaranteed protection on the road in just 5 minutes!
Apply for a car insurance policy at Visit Ukraine - guaranteed protection on the road in just 5 minutes!
BUY


In July, the Verkhovna Rada Committee on Finance approved the draft law on fuel excise tax increase for the second reading. And on September 1, 2024, Volodymyr Zelenskyy signed the relevant law on increasing the excise tax on fuel. This is evidenced by the card of the draft law No. 11 256-2 on the website of the Verkhovna Rada. We will tell you when and how much the excise tax increase is planned in the article below.


Updated prices for gasoline, diesel, and gas: when and how much will fuel rise?


Draft Law No. 11,256-2, which is expected to increase the excise tax on gasoline, gas and diesel in Ukraine, came into force on September 1, 2024. The explanatory note states that the draft law was registered to harmonize national legislation with EU standards.


Therefore, this month, excise rates for gasoline will increase from €213.5 to €242.6 per 1,000 liters, for diesel fuel from €139.5 to €177.6, and for autogas from €52 to €148.


These rates will remain in effect until December 31, 2024, with a gradual increase in fuel excise taxes thereafter.


At the final stage (in accordance with Directive 2003/96/EC), the following fuel prices are to be set in Ukraine 

➤ gasoline - 359 euros per 1000 liters

➤ diesel fuel - 330 euros per 1000 liters

➤ liquefied gas - EUR 70 per 1000 liters.




Thus, the draft law provides for an annual fixed increase in the price of excise duties over the next 4 years - until 2028.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




The authors of the draft law have calculated the amount by which fuel prices at gas stations will increase after the adoption of this law. Thus, gasoline will rise by UAH 1.50 per liter, diesel by UAH 1.95 per liter, and autogas by UAH 5.8 per liter. It is noted that the state budget will receive UAH 1,604.72 million per month in the second half of 2024.



Remember! Regardless of the type of fuel, according to the law of Ukraine, every driver of a vehicle must take out compulsory car insurance. Motor third party liability insurance (MTPL) is a Ukrainian insurance policy that compensates victims of road accidents. On the Visit Ukraine portal, you can buy a car insurance policy from a licensed insurer that guarantees reliable protection in the event of an accident. We will tell you how much a motor third party liability insurance policy costs in 2024 in this article.

Just a reminder. According to recent research, prices for used cars in Europe have fallen significantly. Read here to find out how this trend may affect the car market in Ukraine.


Photo: Freepik


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




Your car is under reliable protection with a motor third party liability insurance policy from Visit Ukraine. Take out a policy quickly and without any hassle, get favourable insurance conditions and full protection in case of an accident. With a motor third party liability insurance policy from Visit Ukraine, you will always be sure of your safety on the roads of Ukraine.


Do you have additional questions? Contact the Visit Ukraine hotline (Telegram | WhatsApp).




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance – safe travel in Ukraine (insurance covering military risks);

Visit Ukraine Legal advice – comprehensive legal support on entry to Ukraine;
Visit Ukraine Tickets – bus and train tickets to/from Ukraine;

Visit Ukraine Tours – the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels – hotels for a comfortable stay in Ukraine;

Visit Ukraine Merch – patriotic clothing and accessories with worldwide delivery.




© 2018-2024, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Häufig

gestellte Fragen

Wann werden die Benzinpreise steigen?

Nach dem unterzeichneten Gesetz soll die Erhöhung der Verbrauchssteuer auf Kraftstoffe bereits zum 1. September 2024 erfolgen. Dementsprechend dürften sich alle Kraftstoffarten ab Herbstbeginn verteuern.

Woher bezieht die Ukraine ihr Benzin?

Wie viel kostet eine CTPCI-Police im Jahr 2024?

Recommended articles

2 min

Transport Collapse of used car prices in Europe and possible impact on the Ukrainian automotive market

Collapse of used car prices in Europe and possible impact on the Ukrainian automotive market

According to recent research, used car prices in Europe have fallen significantly. Find out more about how this trend may affect the automotive market in Ukraine

07 Jul. 2024

More details

2 min

Popular Schützen Sie sich vor Betrügern: wichtige Informationen für Kunden von Visit Ukraine

Schützen Sie sich vor Betrügern: wichtige Informationen für Kunden von Visit Ukraine

Seien Sie vorsichtig bei der Hotelbuchung: Betrüger erstellen im Namen von Visit Ukraine gefälschte Seiten und bieten nicht existierende Dienstleistungen an. Erfahren Sie, wie Sie Betrug vermeiden und Hotels sicher buchen können

03 Jul. 2024

More details

2 min

Insurance Insurance payments in the event of an accident: how a motor third party liability policy works and how much you can get under CTP

Insurance payments in the event of an accident: how a motor third party liability policy works and how much you can get under CTP

CTPCI is a mandatory insurance policy that every driver in Ukraine must take out. Find out how CTPCI works, what are the terms of payments in 2024, how to get compensation in the event of an accident, and how much you can expect to pay

03 Jul. 2024

More details

2 min

Insurance How much does a car insurance policy cost for 1 month and a year in 2024?

How much does a car insurance policy cost for 1 month and a year in 2024?

Motor third party liability insurance (MTPL) is a Ukrainian insurance policy that compensates victims of road accidents and is mandatory in the country. Learn more about current prices, terms and conditions and what determines the cost of the policy

07 Jul. 2024

More details