Public transportation in Latvia may stop operating due to rising fuel prices
The Latvian Passenger Transport Association has raised concerns about the increase in fuel prices resulting from the conflict in the Middle East. If the government does not take action, transport carriers may be forced to suspend passenger services, BelTA reports.
As reported by Latvian media, the association highlights that carriers are already facing a €15m shortfall in fulfilling government contracts, and the steep rise in fuel prices is expected to deepen this gap. Fuel prices are projected to reach €2 per litre, and logistical challenges might make it difficult to secure the necessary fuel supply.
“The Transport Ministry must recognise that the surge in fuel prices is beyond the carriers’ control. This increase is currently driven by military conflicts in the Middle East, so the compensation system needs to be updated to provide adequate financial support to carriers to maintain uninterrupted service. The Transport Ministry should prioritise ensuring fuel availability for public transport,” Ivo Ošenieks, the President of the Latvian Passenger Transport Association, stated.
“We urge the Transport Minister to take immediate action. Otherwise, carriers will be compelled to stop passenger services as they will be unable to buy fuel due to financial constraints or supply shortages,” he added.
