Fuel Prices Pakistan - Revision history

Ranisha at 16:01, 15 July 2014

2014-07-15T16:01:59Z

Armin Wagner at 14:37, 15 April 2013

2013-04-15T14:37:31Z

Armin Wagner at 12:16, 26 March 2013

2013-03-26T12:16:13Z

Armin Wagner at 15:58, 13 February 2013

2013-02-13T15:58:37Z

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

2012-12-04T10:51:03Z

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

Ingmar Schlecht: 1 revision

2012-12-02T17:35:28Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:51:36Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=Pakistan
|Fuel Currency=PKR
|Fuel Price Exchange Rate=85.07
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
|Fuel Price Composition=GIZ_IFP2012_Pakistan.png
|Fuel Price Composition Fuel Type=Gasoline 95 Octane
|Fuel Price Composition Date=2009/01/21
|Fuel Price Composition Annotation=(*IPP=Import Parity Price)

(**Freight Costs to the depots, also called „primary transport“ by OGRA)

(***An additional „secondary transport“ levy is not included in this pump price calculation; this levy can be additionally charged in several regions, based on actual transport distances.)

Source: http://www.ogra.org.pk
|Fuel Pricing Policies=The downstream sector is open to private oil companies in Pakistan.

The Oil and Gas Regulatory Agency (OGRA, http://www.ogra.org.pk) sets maximum depot and pump prices and also enforces these prices. OGRA also carefully monitors prices. OGRA is the licensor for all companies taking part in the downstream sector. Oil companies are forced to report their pump prices to OGRA for each of their gas stations on a weekly basis. OGRA publishes this data, along with historical price statistics, price composition statistics and a detailed description of the price structure.

There is no fuel levy on diesel, which, altogether with higher refinery prices, results in almost identical pump prices for diesel and gasoline.
|Fuel Matrix Price Level=2.5
|Fuel Matrix Pricing Mechanism=2
|Fuel Transparency Price Composition=3
|Fuel Transparency Pricing Mechanism=3
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Pump prices and margins
|Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=86
|Fuel Price Factsheet Source Annotation=Maximum prices
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Pump prices and margins
|Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=137
|Fuel Price Factsheet Source Annotation=Monitored prices
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Wholesale Prices
|Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=86
|Fuel Price Factsheet Source Annotation=Maximum Prices
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Price Composition
|Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=86
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.ogra.org.pk/
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=28
|Fuel Price Factsheet Source Annotation=Press releases
}}

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Pakistan
-|Fuel Pricing Policies="Pricing policy: Ex-depot prices of automotive diesel have been deregulated since Jun 2002. Government was setting ceilings for ex-depot prices of other fuels based on an import-parity formula until Jun 2011, when these prices were also deregulated except kerosene. For LPG, government sets ceilings for ex-refinery or ex-processing plant prices of domestically produced LPG but not imported LPG. In 2012, Ministry of Petroleum and Natural Resources reported on its Web site that fuel prices were being subsidized through adjustments in the Petroleum Levy.
+|Fuel Pricing Policies="Pricing policy: Ex-depot prices of automotive diesel have been deregulated since Jun 2002. Government was setting ceilings for ex-depot prices of other fuels based on an import-parity formula until Jun 2011, when these prices were also deregulated except kerosene. Ex-refinery prices cannot exceed the average of Pakistan State Oil’s (PSO) import prices in the preceding two weeks, excluding PSO import incidentals. If PSO prices are not available, ex-refinery prices are based on an import-parity formula. For LPG, government sets ceilings for ex-refinery or ex-processing plant prices of domestically produced LPG but not imported LPG. In 2012, Ministry of Petroleum and Natural Resources reported on its Web site that fuel prices were being subsidized through adjustments in the Petroleum Levy. E10 has higher octane and is cheaper than pure gasoline.
 Hedging: In Aug 2009, State Bank of Pakistan rejected the finance ministry’s proposal to hedge oil prices for a year. Hedging losses suffered by the Pakistan International Airlines in 2008 were questioned by the Public Accounts Committee of the National Assembly in June 2010.

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Pakistan
@@ Line 25: / Line 26: @@
 |Fuel Transparency Price Composition=3
 |Fuel Transparency Pricing Mechanism=3
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Pump prices and margins
 |Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=86
 |Fuel Price Factsheet Source Annotation=Maximum prices
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Pump prices and margins
 |Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=137
 |Fuel Price Factsheet Source Annotation=Monitored prices
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Wholesale Prices
 |Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=86
 |Fuel Price Factsheet Source Annotation=Maximum Prices
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Price Composition
 |Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=86
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.ogra.org.pk/
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.ogra.org.pk/cats_disp.php?cat=28
 |Fuel Price Factsheet Source Annotation=Press releases
 }}

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Pakistan
-|Fuel Pricing Policies=The downstream sector is open to private oil companies in Pakistan.
+|Fuel Pricing Policies="Pricing policy: Ex-depot prices of automotive diesel have been deregulated since Jun 2002. Government was setting ceilings for ex-depot prices of other fuels based on an import-parity formula until Jun 2011, when these prices were also deregulated except kerosene. For LPG, government sets ceilings for ex-refinery or ex-processing plant prices of domestically produced LPG but not imported LPG. In 2012, Ministry of Petroleum and Natural Resources reported on its Web site that fuel prices were being subsidized through adjustments in the Petroleum Levy.
-The Oil and Gas Regulatory Agency (OGRA, http://www.ogra.org.pk) sets maximum depot and pump prices and also enforces these prices. OGRA also carefully monitors prices. OGRA is the licensor for all companies taking part in the downstream sector. Oil companies are forced to report their pump prices to OGRA for each of their gas stations on a weekly basis. OGRA publishes this data, along with historical price statistics, price composition statistics and a detailed description of the price structure.
+Hedging: In Aug 2009, State Bank of Pakistan rejected the finance ministry’s proposal to hedge oil prices for a year. Hedging losses suffered by the Pakistan International Airlines in 2008 were questioned by the Public Accounts Committee of the National Assembly in June 2010.
-There is no fuel levy on diesel, which, altogether with higher refinery prices, results in almost identical pump prices for diesel and gasoline.
+Information: Oil companies are required to notify their selling prices to Oil and Gas Regulatory Authority (OGRA), and the prices are posted on OGRA’s Web site by company and location. In addition, OGRA continues to compute and notify ex-refinery prices of diesel, kerosene, and gasoline (containing 10% ethanol) every month. Maximum prices of other fuels computed by Pakistan State Oil (PSO) are also posted for information. OGRA also posts the findings of inspections to check compliance and commercial malpractice."
-"Ex-depot prices of automotive diesel have been deregulated since Jun 2002. Government was setting ceilings for ex-depot prices of other fuels based on an import-parity formula until Jun 2011, when these prices were also deregulated except kerosene. For LPG, government sets ceilings for ex-refinery or ex-processing plant prices of domestically produced LPG but not imported LPG. Oil companies are required to notify their selling prices to Oil and Gas Regulatory Authority (OGRA), and the prices are posted on OGRA’s Web site by company and location. In addition, OGRA continues to compute and notify ex-refinery prices of diesel, kerosene, and gasoline (containing 10% ethanol) every month. Maximum prices of other fuels computed by Pakistan State Oil (PSO) are also posted for information. In Aug 2009, State Bank of Pakistan rejected the finance ministry’s proposal to hedge oil prices for a year. LPG was being sold far above the maximum prices set by OGRA in Jan 2009. All Pakistan LPG Distributors Association claimed in Mar 2012 that the ‘Gas Mafia’ had made estimated billions of rupees during last 6 years by creating artificial shortages of LPG, especially in winter, and selling the domestic product as imported gas. OGRA said in Dec 2011 that smuggling of low-quality LPG and LPG cylinders from Iran was a serious concern, which also posed a threat to public safety." (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=PKR
 |Fuel Price Exchange Rate=85.07