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| | {{Fuel Price Factsheet | | {{Fuel Price Factsheet |
| | |Fuel Price Country=El Salvador | | |Fuel Price Country=El Salvador |
| − | |Fuel Pricing Policies="Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices. Public transport is subsidized and subsidy increases with rising fuel prices. Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers." | + | |Fuel Pricing Policies="Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices. |
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| | + | Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills. |
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| | + | Compensation: Public transport is subsidized in proportion to fuel prices, although fiscal problems have made it difficult to continue the subsidies and the administration of President Funes in 2012 was considering a proposal to cut subsidies by 40%. |
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| | + | Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers." |
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| | (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.) |
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| | |Fuel Price Factsheet Source Link=http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116 | | |Fuel Price Factsheet Source Link=http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116 |
| | }} | | }} |
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| | + | [[Category:El_Salvador]] |
Latest revision as of 12:53, 12 March 2015
Part of: GIZ International Fuel Price database
Also see:El Salvador Energy Situation
Fuel Pricing Policies
| Local Currency:
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USD
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| Exchange Rate:
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(2010/11/17)
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| Last Update:
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"Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices.
Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills.
Compensation: Public transport is subsidized in proportion to fuel prices, although fiscal problems have made it difficult to continue the subsidies and the administration of President Funes in 2012 was considering a proposal to cut subsidies by 40%.
Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers."
(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
Fuel Prices and Trends
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Gasoline 95 Octane |
Diesel |
| in USD* |
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
Fuel Price Composition
Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.
VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf
At a Glance
| Regulation-Price-Matrix
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Transparency of
Price Composition
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Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public
| Type of Information
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Web-Link / Source
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| Pump prices and margins
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Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
This is a living document. If you have any comments or suggestions, please feel free to contact us:
Armin.Wagner@giz.de
