Fuel Prices South Africa - Revision history

Ranisha at 12:59, 23 September 2014

2014-09-23T12:59:34Z

Armin Wagner at 12:50, 26 March 2013

2013-03-26T12:50:22Z

Tai Becker at 15:23, 11 December 2012

2012-12-11T15:23:06Z

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

2012-12-04T10:55:47Z

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

Ingmar Schlecht: 1 revision

2012-12-02T17:34:17Z

1 revision

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

2012-11-14T16:53:46Z

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

New page

{{Fuel Price Factsheet
|Fuel Price Country=South Africa
|Fuel Currency=ZAR
|Fuel Price Exchange Rate=7.00221
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
|Fuel Price Composition=GIZ_IFP2012_South Africa1.png
|Fuel Price Composition Fuel Type=Gasoline 95 Octane
|Fuel Price Composition Location=Guateng ("inland")
|Fuel Price Composition Date=2010/11/03
|Fuel Price Composition Annotation=Source: http://www.energy.gov.za/files/esources/petroleum/petroleum_breakdown.html (inland, 95 octance petrol, unleaded)

Retailers set their margins for diesel freely; in Nov. 2011 it was observed ~0.50 rand (~7 US-Cents) and thus being lower than the regulated retail margin for petrol (0.81 Rand or 12 US-Cents); all other values are very similar for Diesel, see source above.

A “Slate Levy” exists, but was zero in November 2010 (see description under 3.)

An “Equalization Fund Levy” for equalising fuel prices exists, but is usually set to zero.

All documents from the web distinguish between coastal prices (cheapest) and inland prices, varying through transportation costs from the coast (harbors/refineries) to regional depots. The price in the province of Guateng is used representatively for the “inland”-prices, being close to the average and also being the most populated and economically most important province of South Africa.

A constant “Demand Side Management Levy” of 0.1 Rand/litre only for 95 octane petrol is used to artificially promote the consumption of the 93 octane petrol, which is slightly cheaper to produce while exact production costs are not calculated separately.
|Fuel Price Composition 2=GIZ_IFP2012_South Africa2.png
|Fuel Pricing Policies=The “Energy Department of South Africa” is a governmental institution in charge of regulating fuel prices. The “National Petroleum, Gas and Oil Corporation of South Africa” (PetroSA) is the national oil company, operating refineries and oil rigs.

Fuel prices are calculated based on elaborated formulas and methods.
The Basic Fuel Price (BFP) is the refinery price for one litre of fuel, including the price for crude oil and any import, handling and (sea-)transportation costs.
Inland transportation costs, wholesale margins and distribution costs are calculated taking into account the approximate, actual costs and also some limited commercial profit (between 10% and 20% on the depreciated book value of assets per year, calculated for a fictive, average company; if the actual value exceeds this intervall, margins are recalculated).

Pump prices for petrol and wholesale prices for diesel are regulated – i.e. the retail margins for diesel are liberal (see 2.).

Slate Levy / Slate Account: Since the BFP changes daily (because of the crude oil price and the US$ exchange rate), but fuel prices are regulated only monthly, differences arise. I.e. customers pay too much on some days or too less on other days each month. This price differences are multiplied by the approximate amount of fuel sold at that specific day and summed up over one month. This sum is then cleared with a consistent “Slate Account”. A Slate Levy is only imposed for the next month, if this Slate Account balance drops below zero (as of September 2010, the Slate Account balances are almost +900 Mio. Rand for Petrol and ~ +310 Mio Rand for Diesel).

Several other levies are imposed, including a levy for the Road Accident Fund (RAF) of 0.72 Rand/litre (as of Nov.2010).
|Fuel Matrix Price Level=3
|Fuel Matrix Pricing Mechanism=2
|Fuel Matrix Annotation=All information, including mechanisms, policies and actual prices, is presented very clearly, comprehensively, up-to-date and well-structured. Statistics of (observed) Diesel pump prices might be added.
|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.energy.gov.za/files/petroleum_frame.html
|Fuel Price Factsheet Source Annotation=Under „Petrol Price Archive“ and „Latest Fuel Prices”. Pump prices for Diesel are not monitored.
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Wholesale Prices
|Fuel Price Factsheet Source Link=http://www.energy.gov.za/files/petroleum_frame.html
|Fuel Price Factsheet Source Annotation=Under „Petrol Price Archive“ and „Latest Fuel Prices”. Pump prices for Diesel are not monitored.
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Pricing Mechanism
|Fuel Price Factsheet Source Link=http://www.energy.gov.za/files/esources/petroleum/petroleum_docs1.html
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Price Composition
|Fuel Price Factsheet Source Link=http://www.energy.gov.za/files/esources/petroleum/petroleum_breakdown.html
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.energy.gov.za/files/petroleum_frame.html
|Fuel Price Factsheet Source Annotation=Price history, institutions, ...
}}

← Older revision		Revision as of 12:59, 23 September 2014
Line 48:		Line 48:
	\|Fuel Price Factsheet Source Annotation=Price history, institutions, ...		\|Fuel Price Factsheet Source Annotation=Price history, institutions, ...
	}}		}}
		+
		+	[[Category:South_Africa]]

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=South Africa
 |Fuel Currency=ZAR
 |Fuel Price Exchange Rate=7.00221
@@ Line 16: / Line 19: @@
 *A constant “Demand Side Management Levy” of 0.1 Rand/litre only for 95 octane petrol is used to artificially promote the consumption of the 93 octane petrol, which is slightly cheaper to produce while exact production costs are not calculated separately.
 |Fuel Price Composition 2=GIZ_IFP2012_South Africa2.png
 |Fuel Matrix Pricing Mechanism=2
 |Fuel Matrix Price Level=3

@@ Line 4: / Line 4: @@
 |Fuel Price Exchange Rate=7.00221
 |Fuel Price Exchange Rate Date=2010/11/17
 |Fuel Price Composition=GIZ_IFP2012_South Africa1.png
 |Fuel Price Composition Fuel Type=Gasoline 95 Octane
-|Fuel Price Composition Location=Guateng ("inland")
+|Fuel Price Composition Location=Gauteng ("inland")
 |Fuel Price Composition Date=2010/11/03
 |Fuel Price Composition Annotation=Source: http://www.energy.gov.za/files/esources/petroleum/petroleum_breakdown.html (inland, 95 octance petrol, unleaded)
-Retailers set their margins for diesel freely; in Nov. 2011 it was observed ~0.50 rand (~7 US-Cents) and thus being lower than the regulated retail margin for petrol (0.81 Rand or 12 US-Cents); all other values are very similar for Diesel, see source above.
+*Retailers set their margins for diesel freely; in Nov. 2011 it was observed ~0.50 rand (~7 US-Cents) and thus being lower than the regulated retail margin for petrol (0.81 Rand or 12 US-Cents); all other values are very similar for Diesel, see source above.
+*A “Slate Levy” exists, but was zero in November 2010 (see description under 3.)
-A “Slate Levy” exists, but was zero in November 2010 (see description under 3.)
+*An “Equalization Fund Levy” for equalising fuel prices exists, but is usually set to zero.
+*All documents from the web distinguish between coastal prices (cheapest) and inland prices, varying through transportation costs from the coast (harbors/refineries) to regional depots. The price in the province of Guateng is used representatively for the “inland”-prices, being close to the average and also being the most populated and economically most important province of South Africa.
-An “Equalization Fund Levy” for equalising fuel prices exists, but is usually set to zero.
+*A constant “Demand Side Management Levy” of 0.1 Rand/litre only for 95 octane petrol is used to artificially promote the consumption of the 93 octane petrol, which is slightly cheaper to produce while exact production costs are not calculated separately.
-−
 All documents from the web distinguish between coastal prices (cheapest) and inland prices, varying through transportation costs from the coast (harbors/refineries) to regional depots. The price in the province of Guateng is used representatively for the “inland”-prices, being close to the average and also being the most populated and economically most important province of South Africa.
-−
 A constant “Demand Side Management Levy” of 0.1 Rand/litre only for 95 octane petrol is used to artificially promote the consumption of the 93 octane petrol, which is slightly cheaper to produce while exact production costs are not calculated separately.
 |Fuel Price Composition 2=GIZ_IFP2012_South Africa2.png
 |Fuel Pricing Policies=The “Energy Department of South Africa” is a governmental institution in charge of regulating fuel prices. The “National Petroleum, Gas and Oil Corporation of South Africa” (PetroSA) is the national oil company, operating refineries and oil rigs.
@@ Line 32: / Line 27: @@
 Several other levies are imposed, including a levy for the Road Accident Fund (RAF) of 0.72 Rand/litre (as of Nov.2010).
 |Fuel Matrix Price Level=3
 |Fuel Matrix Annotation=All information, including mechanisms, policies and actual prices, is presented very clearly, comprehensively, up-to-date and well-structured. Statistics of (observed) Diesel pump prices might be added.
 |Fuel Transparency Price Composition=3