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2026-10-20T13:53:49.676Z

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Energy sector remains privatized despite transfer pledge

Energy sector remains privatized despite transfer pledge

The latest government program bypassed the issue of the SAMIR refinery and the regulation of fuel prices, despite the electoral commitments of political parties, especially the Socialist Party, which proposed in its national program to rehabilitate and purchase the refinery or to rectify its financial situation and control prices. Other parties also suggested solutions such as utilizing the refinery’s stockpiles to ensure price stability, imposing environmental fees on fuels to direct revenues toward the transition to clean energy, and converting the taxi fleet to hybrid or electric vehicles. However, there were no concrete measures within the government program to restart SAMIR or to cap prices. Instead, the focus was on accelerating renewable energy programs, launching green hydrogen projects, developing natural gas infrastructure, and enhancing energy efficiency.

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