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| | {{Fuel Price Factsheet | | {{Fuel Price Factsheet |
| | |Fuel Price Country=Cape Verde | | |Fuel Price Country=Cape Verde |
| | + | |Fuel Pricing Policies=The „Agência de Regulação Económica“ (ARE) is in charge of setting maximum fuel prices in Cape Verde. These maximum prices a revised several times a year, usually bi-monthly. Maximum prices are homogenous across the country. Only SHELL and ENACOL are taking part in the petrol market (→App. A2). Those companies are liberal in setting their prices, however having the regulated maximum prices as an upper bound. |
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| | + | Prices include a considerable VAT for gasoline (45% of import price), while there is only 18% VAT on import price for diesel. Also, a small road maintenance fee is included in both prices, see above. |
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| | + | On their website, ARE publishes a lot of information about fuel prices and fuel pricing, including a document explaining the pricing formula for petroleum products (→Appendix A1). The document states, that costs for storage, shipping and handling/logistics are estimated using 2007/2008 balance sheets of oil companies that are operating in Cape Verde (→Appendix A2). “Additional Costs” also include some duty for recovering the deficit that accumulated in 2007 and 2008. (Seemingly, fuels were subsidized at that time.) |
| | |Fuel Currency=CVE | | |Fuel Currency=CVE |
| | |Fuel Price Exchange Rate=81.701 | | |Fuel Price Exchange Rate=81.701 |
| − | |Fuel Price Exchanre Rate Date=2010/11/25
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| − | |Fuel Price Last Updated=
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| | |Fuel Price Composition=GIZ_IFP2012_Cape Verde.png | | |Fuel Price Composition=GIZ_IFP2012_Cape Verde.png |
| | |Fuel Price Composition Fuel Type=Gasoline 95 Octane | | |Fuel Price Composition Fuel Type=Gasoline 95 Octane |
| | |Fuel Price Composition Date=2009/01/21 | | |Fuel Price Composition Date=2009/01/21 |
| | |Fuel Price Composition Annotation=Source:http://www.are.cv/index.php?option=com_docman&task=cat_view&gid=41&Itemid=99999999 | | |Fuel Price Composition Annotation=Source:http://www.are.cv/index.php?option=com_docman&task=cat_view&gid=41&Itemid=99999999 |
| − | | + | *VAT for Diesel is only 18% (equals ~18 US Cents) |
| − | VAT for Diesel is only 18% (equals ~18 US Cents) | + | *“Other Taxes” seem to be constantly at 7 CVE; includes a road maintenance fee |
| − | | + | *“Total Costs and Margins” include those of wholesalers and of retailers (no further information available) |
| − | “Other Taxes” seem to be constantly at 7 CVE; includes a road maintenance fee | + | |Fuel Matrix Pricing Mechanism=2 |
| − | | + | |
| − | “Total Costs and Margins” include those of wholesalers and of retailers (no further information available) | + | |
| − | |Fuel Pricing Policies=The „Agência de Regulação Económica“ (ARE) is in charge of setting maximum fuel prices in Cape Verde. These maximum prices a revised several times a year, usually bi-monthly. Maximum prices are homogenous across the country. Only SHELL and ENACOL are taking part in the petrol market (→App. A2). Those companies are liberal in setting their prices, however having the regulated maximum prices as an upper bound. | + | |
| − | | + | |
| − | Prices include a considerable VAT for gasoline (45% of import price), while there is only 18% VAT on import price for diesel. Also, a small road maintenance fee is included in both prices, see above.
| + | |
| − | | + | |
| − | On their website, ARE publishes a lot of information about fuel prices and fuel pricing, including a document explaining the pricing formula for petroleum products (→Appendix A1). The document states, that costs for storage, shipping and handling/logistics are estimated using 2007/2008 balance sheets of oil companies that are operating in Cape Verde (→Appendix A2). “Additional Costs” also include some duty for recovering the deficit that accumulated in 2007 and 2008. (Seemingly, fuels were subsidized at that time.)
| + | |
| | |Fuel Matrix Price Level=3.5 | | |Fuel Matrix Price Level=3.5 |
| − | |Fuel Matrix Pricing Mechanism=2
| |
| | |Fuel Transparency Price Composition=3 | | |Fuel Transparency Price Composition=3 |
| | |Fuel Transparency Pricing Mechanism=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 Type=Pump prices and margins |
| | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_content&task=view&id=96&Itemid=90 | | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_content&task=view&id=96&Itemid=90 |
| − | }} | + | }} {{Fuel Price Factsheet Source |
| − | {{Fuel Price Factsheet Source | + | |
| | |Fuel Price Factsheet Source Type=Pricing Mechanism | | |Fuel Price Factsheet Source Type=Pricing Mechanism |
| | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_content&task=view&id=35&Itemid=49 | | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_content&task=view&id=35&Itemid=49 |
| − | }} | + | }} {{Fuel Price Factsheet Source |
| − | {{Fuel Price Factsheet Source | + | |
| | |Fuel Price Factsheet Source Type=Price Composition | | |Fuel Price Factsheet Source Type=Price Composition |
| | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_docman&task=cat_view&gid=41&Itemid=99999999 | | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_docman&task=cat_view&gid=41&Itemid=99999999 |
| − | }} | + | |Fuel Price Factsheet Source Annotation=A3 |
| − | {{Fuel Price Factsheet Source | + | }} {{Fuel Price Factsheet Source |
| | |Fuel Price Factsheet Source Type=Other Information | | |Fuel Price Factsheet Source Type=Other Information |
| | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_content&task=view&id=76&Itemid=90 | | |Fuel Price Factsheet Source Link=http://www.are.cv/index.php?option=com_content&task=view&id=76&Itemid=90 |
| | }} | | }} |
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| | + | [[Category:Cabo_Verde]] |
The „Agência de Regulação Económica“ (ARE) is in charge of setting maximum fuel prices in Cape Verde. These maximum prices a revised several times a year, usually bi-monthly. Maximum prices are homogenous across the country. Only SHELL and ENACOL are taking part in the petrol market (→App. A2). Those companies are liberal in setting their prices, however having the regulated maximum prices as an upper bound.
Prices include a considerable VAT for gasoline (45% of import price), while there is only 18% VAT on import price for diesel. Also, a small road maintenance fee is included in both prices, see above.
On their website, ARE publishes a lot of information about fuel prices and fuel pricing, including a document explaining the pricing formula for petroleum products (→Appendix A1). The document states, that costs for storage, shipping and handling/logistics are estimated using 2007/2008 balance sheets of oil companies that are operating in Cape Verde (→Appendix A2). “Additional Costs” also include some duty for recovering the deficit that accumulated in 2007 and 2008. (Seemingly, fuels were subsidized at that time.)
