While geopolitical tensions have pushed energy costs higher elsewhere, Malta has maintained fixed pump prices through heavy state support for Enemed, the state-owned company responsible for importing, distributing and wholesaling fuel products.
Under that policy, a litre of petrol remains priced at €1.34, while diesel stands at €1.21. The 13-cent gap between petrol and diesel is also protected under Maltese law. The highest recorded price for 95-octane unleaded in recent years was €1.41 per litre in 2019, when that level remained in place for about a year.
Electricity prices in Malta have also remained stable.
The policy has drawn criticism from those who argue that low and predictable fuel prices can weaken incentives to move towards cleaner transport. Even so, Malta has also recorded strong growth in electric vehicle uptake.
According to official figures from Malta’s transport authority, the country had 12,666 electric vehicles by the end of 2024. Malta also recorded the second-highest share of newly registered electric vehicles in the European Union in 2024, behind Denmark and well above the EU average of 13.6%.
That suggests the government’s fuel price policy has not, at least so far, prevented the shift towards electrification. It has, however, helped Malta stand out as one of the few European countries where motorists have been largely insulated from the fuel volatility seen elsewhere.
Source: carandmoto.gr