With today's decision of the Ministers of Finance - Development and Investment - Shipping and Island Policy, the pilot application of the Transport Equivalent for the transport of fuel to the islands, a measure to support development in island Greece, begins.

The purpose of the measure is to compensate for the increased cost of transporting fuel to the islands by sea compared to land transport.

Beneficiaries receive the Island Fuel Cost Compensation (IFC Fuel Compensation), in order to equalize the increased cost of transporting liquid fuels on islands compared to the corresponding onshore cost, for eligible fuels purchased solely to cover the needs of the members of the beneficiary unit or their business for owned or leased means (vehicles, watercraft, machinery, houses, offices, etc.) that they own. In the case of leased means of transport, they must have the corresponding leasing documents.

The Fuel Equivalent Transport Fuel measure is being implemented on a pilot basis:

α. On the islands of Agathonisi, Agios Efstratios, Alonissos, Amorgos, Anafi, Antiparos, Astypalaia, Ios, Ikaria, Karpathos, Kasos, Kea, Kimolos, Kythira, Kythnos, Kythnos, Lipsi, Leros, Megisti, Milos, Nisyros, Patmos, Samothrace, Serifos, Sikinos, Sifnos, Skiathos, Skiathos, Skopelos, Skyros, Symi, Tilos, Folegandros, Fourni, Halki, Psara, Agistri, Ammouliani, Elafonisos, Ithaca, Koufonisia, Meganisi, Paxos and Schinoussa, retroactive from 1-01-2022 to 31-12-2022.

β. On the islands of Antikythera, Arki, Gavdos, Donousa, Ereikoussas, Herakleia, Thymena, Kalymnos, Keenaros, Levitha, Lemnos, Mathraki, Marathi, Othoni, Oenoussa, Telendos and Pserimos, one month after the publication of this decision and until 31-12-2022.