Fuel Prices Cameroon - Revision history

Ranisha at 16:08, 15 July 2014

2014-07-15T16:08:54Z

Armin Wagner at 13:04, 12 March 2013

2013-03-12T13:04:04Z

Armin Wagner at 08:35, 25 February 2013

2013-02-25T08:35:48Z

Armin Wagner at 08:32, 25 February 2013

2013-02-25T08:32:45Z

Armin Wagner at 10:39, 18 February 2013

2013-02-18T10:39:11Z

Armin Wagner at 12:33, 14 February 2013

2013-02-14T12:33:18Z

Armin Wagner at 12:29, 14 February 2013

2013-02-14T12:29:33Z

Armin Wagner at 12:25, 14 February 2013

2013-02-14T12:25:35Z

Tai Becker: Protected "Fuel Prices Cameroon" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:37:15Z

Protected "Fuel Prices Cameroon" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: Text replace - "2222/11/14" to ""

2012-12-02T20:36:18Z

Text replace - "2222/11/14" to ""

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Cameroon
@@ Line 7: / Line 8: @@
 Consequences of subsidies: IMF reported that government had spent FCFA 146 billion (US$0.3 billion) in 2010 (1.3% of GDP) and FCFA 309 billion (US$0.65 billion) in 2011 (2.5% of GDP) on fuel subsidies, and subsidies in 2012 were expected to reach FCFA 400 billion (US$0.8 billion). Cumulative obligations and arrears to the refinery at the end of 2011 amounted to FCFA 445 billion (US$0.9 billion), or 3.7% of GDP. In Mar 2012, as part of the measure to clear the arrears, government agreed to cancel FCFA 87 billion (US$0.2 billion) worth of taxes due from the refinery in the second half of 2011."
-(Source:  Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
+(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
 |Fuel Currency=XAF
 |Fuel Price Exchange Rate=472.88
@@ Line 16: / Line 17: @@
 |Fuel Transparency Pricing Mechanism=1
 }}

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Cameroon
-|Fuel Pricing Policies="Automatic fuel price adjustments were suspended after deadly riots with more than 100 deaths in Feb 2008, protesting, amongst others, fuel price increases. Fuel prices were frozen until Dec 2008 when they were lowered, and have not been adjusted since. Government’s policy since 2008 is to compensate the national oil company’s refinery for the difference between the prices set by the formula adopted in 2007 and the administratively fixed prices. Government spent FCFA 146 billion (US$0.3 billion) in 2010 (1.3% of GDP) and FCFA 309 billion (US$0.65 billion) in 2011 (2.5% of GDP) on fuel subsidies, and subsidies in 2012 are expected to reach FCFA 400 billion (US$0.8 billion). Cumulative obligations and arrears to the refinery at the end of 2011 amounted to FCFA 445 billion (US$0.9 billion), or 3.7% of GDP. In Mar 2012, as part of the measure to clear the arrears, government agreed to cancel FCFA 87 billion (US$0.2 billion) worth of taxes due from the refinery in the second half of 2011. Government announced fuel price increases effective Jan 2012, but backed down after threats of a strike."
+|Fuel Pricing Policies="Pricing policy: Government operates a stabilization fund, Caisse de Stabilisation des Prix des Hydrocarbures (CSPH, Fund for Hydrocarbon Price Stabilization). Automatic fuel price adjustments were suspended following protests in Feb 2008 (see below) and fuel prices were lowered. Fuel prices were frozen until Dec 2008 when they were lowered, and have not been adjusted since. Government’s policy since 2008 is to compensate the national oil company’s refinery for the difference between the prices set by the formula adopted in 2007 and the administratively fixed prices. Government announced fuel price increases effective Jan 2012, but backed down after threats of a strike. A finance ministry official told Reuters that the events of 2008 as well as the protests in Nigeria in January 2012 against gasoline price liberalization ruled out subsidy cuts.
 (Source:  Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

@@ Line 6: / Line 6: @@
 |Fuel Currency=XAF
 |Fuel Price Exchange Rate=472.88
 |Fuel Matrix Pricing Mechanism=2
 |Fuel Matrix Price Level=2
@@ Line 12: / Line 11: @@
 |Fuel Transparency Price Composition=1
 |Fuel Transparency Pricing Mechanism=1
 }}

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Cameroon
-|Fuel Pricing Policies=The „Caisse de Stabilisation des Prix des Hydrocarbures“ (CSPH) is in charge of regulating the fuel prices in Cameroon. This fund aims to flatten out strong price jumps. The CSPH does not have any internet appearance as of 2010-12-13 (maybe website is temporarily down).
+|Fuel Pricing Policies="Automatic fuel price adjustments were suspended after deadly riots with more than 100 deaths in Feb 2008, protesting, amongst others, fuel price increases. Fuel prices were frozen until Dec 2008 when they were lowered, and have not been adjusted since. Government’s policy since 2008 is to compensate the national oil company’s refinery for the difference between the prices set by the formula adopted in 2007 and the administratively fixed prices. Government spent FCFA 146 billion (US$0.3 billion) in 2010 (1.3% of GDP) and FCFA 309 billion (US$0.65 billion) in 2011 (2.5% of GDP) on fuel subsidies, and subsidies in 2012 are expected to reach FCFA 400 billion (US$0.8 billion). Cumulative obligations and arrears to the refinery at the end of 2011 amounted to FCFA 445 billion (US$0.9 billion), or 3.7% of GDP. In Mar 2012, as part of the measure to clear the arrears, government agreed to cancel FCFA 87 billion (US$0.2 billion) worth of taxes due from the refinery in the second half of 2011. Government announced fuel price increases effective Jan 2012, but backed down after threats of a strike."
-−
-According to → App. A2, fuel price information is published through communiqués to the public.
-−
-According to Central African Republic newspaper sources, a lot of fuel is smuggled out of Cameroon into the CAR, where fuel prices are ~50 US-cents higher.
-−
-−
 "Automatic fuel price adjustments were suspended after deadly riots with more than 100 deaths in Feb 2008, protesting, amongst others, fuel price increases. Fuel prices were frozen until Dec 2008 when they were lowered, and have not been adjusted since. Government’s policy since 2008 is to compensate the national oil company’s refinery for the difference between the prices set by the formula adopted in 2007 and the administratively fixed prices. Government spent FCFA 146 billion (US$0.3 billion) in 2010 (1.3% of GDP) and FCFA 309 billion (US$0.65 billion) in 2011 (2.5% of GDP) on fuel subsidies, and subsidies in 2012 are expected to reach FCFA 400 billion (US$0.8 billion). Cumulative obligations and arrears to the refinery at the end of 2011 amounted to FCFA 445 billion (US$0.9 billion), or 3.7% of GDP. In Mar 2012, as part of the measure to clear the arrears, government agreed to cancel FCFA 87 billion (US$0.2 billion) worth of taxes due from the refinery in the second half of 2011. Government announced fuel price increases effective Jan 2012, but backed down after threats of a strike."
 (Source:  Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

@@ Line 8: / Line 8: @@
-Automatic fuel price adjustments were suspended after deadly riots with more than 100 deaths in Feb 2008, protesting, amongst others, fuel price increases. Fuel prices were frozen until Dec 2008 when they were lowered, and have not been adjusted since. Government’s policy since 2008 is to compensate the national oil company’s refinery for the difference between the prices set by the formula adopted in 2007 and the administratively fixed prices. Government spent FCFA 146 billion (US$0.3 billion) in 2010 (1.3% of GDP) and FCFA 309 billion (US$0.65 billion) in 2011 (2.5% of GDP) on fuel subsidies, and subsidies in 2012 are expected to reach FCFA 400 billion (US$0.8 billion). Cumulative obligations and arrears to the refinery at the end of 2011 amounted to FCFA 445 billion (US$0.9 billion), or 3.7% of GDP. In Mar 2012, as part of the measure to clear the arrears, government agreed to cancel FCFA 87 billion (US$0.2 billion) worth of taxes due from the refinery in the second half of 2011. Government announced fuel price increases effective Jan 2012, but backed down after threats of a strike. (Source:  Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
+"Automatic fuel price adjustments were suspended after deadly riots with more than 100 deaths in Feb 2008, protesting, amongst others, fuel price increases. Fuel prices were frozen until Dec 2008 when they were lowered, and have not been adjusted since. Government’s policy since 2008 is to compensate the national oil company’s refinery for the difference between the prices set by the formula adopted in 2007 and the administratively fixed prices. Government spent FCFA 146 billion (US$0.3 billion) in 2010 (1.3% of GDP) and FCFA 309 billion (US$0.65 billion) in 2011 (2.5% of GDP) on fuel subsidies, and subsidies in 2012 are expected to reach FCFA 400 billion (US$0.8 billion). Cumulative obligations and arrears to the refinery at the end of 2011 amounted to FCFA 445 billion (US$0.9 billion), or 3.7% of GDP. In Mar 2012, as part of the measure to clear the arrears, government agreed to cancel FCFA 87 billion (US$0.2 billion) worth of taxes due from the refinery in the second half of 2011. Government announced fuel price increases effective Jan 2012, but backed down after threats of a strike."
 |Fuel Currency=XAF
 |Fuel Price Exchange Rate=472.88

@@ Line 4: / Line 4: @@
 |Fuel Price Exchange Rate=472.88
 |Fuel Price Exchanre Rate Date=2010/11/17
-|Fuel Price Last Updated=2222/11/14
+|Fuel Price Last Updated=
-|Fuel Price Composition Date=2222/11/14
+|Fuel Price Composition Date=
 |Fuel Price Composition Annotation=According to →App. A1, there are taxes and subsidies (This Information might be obsolete!).
 |Fuel Pricing Policies=The „Caisse de Stabilisation des Prix des Hydrocarbures“ (CSPH) is in charge of regulating the fuel prices in Cameroon. This fund aims to flatten out strong price jumps. The CSPH does not have any internet appearance as of 2010-12-13 (maybe website is temporarily down).