The Government states that the CNMC monitors price increases in the 12,000 Spanish gas stations

The Government reinforces the CNMC's control over price increases in the 12,000 Spanish gas stations given the rising cost of crude oil.

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The third vice-president and minister for Ecological Transition and the Demographic Challenge, Sara Aagesen, has reiterated that the National Commission for Markets and Competition (CNMC) keeps under control the recent price increases at the 12,000 service stations spread across Spain, in a scenario marked by the rising cost of crude oil derived from the war between Iran and Israel and the United States (USA).

During the press conference after the Council of Ministers this Tuesday, Aagesen has detailed that “Last Friday I had the opportunity to send a letter to the president of the CNMC where I made a request and that is to maximize the supervision of the impact of that price increase in the wholesale markets or the retail energy markets”.

The head of Ecological Transition has stressed that the body chaired by Cani Fernández was already carrying out these control tasks “always”, although now it has been asked to intensify that monitoring given the complex international situation.

According to what he recalled, “they carry out supervision constantly and are supervising the 12,000 gas stations that exist in our territory, monitoring if there is any type of action that does not comply with what is normality in this context that is certainly quite complicated,” Aagesen declared, who emphasized that “of course” from the CNMC “they will give an account of what their supervision work is and also supervising the electricity markets.”

The minister has stressed that she considers this control “fundamental”. In her opinion, “That is the work of the CNMC and I am convinced that as an independent body they will also make their assessment of what is constantly happening,” she emphasized, highlighting the role of the regulator as a guarantor of the proper functioning of energy markets.