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| | {{Fuel Price Factsheet | | {{Fuel Price Factsheet |
| | |Fuel Price Country=Iraq | | |Fuel Price Country=Iraq |
| | + | |Fuel Pricing Policies="Government initiated administered official price adjustments at the end of 2005. Large differences between black market and official prices remain. Direct budgetary subsidies for imported fuels (except kerosene) were eliminated in 2007. Indirect subsidies for domestic crude/products were reduced from 10.5% of GDP in 2006 to 1.5% in 2009, but remain." |
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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.) |
| | |Fuel Currency=IDR | | |Fuel Currency=IDR |
| | |Fuel Price Exchange Rate=1158.7 | | |Fuel Price Exchange Rate=1158.7 |
| | |Fuel Price Exchange Rate Date=2010/11/17 | | |Fuel Price Exchange Rate Date=2010/11/17 |
| − | |Fuel Price Graph Annotation=(** Prices from Erbil.) | + | |Fuel Price Graph Annotation=(** Prices from Erbil.) |
| | |Fuel Price Composition Annotation=No information available. | | |Fuel Price Composition Annotation=No information available. |
| − | |Fuel Pricing Policies=Prices in the Kurdistan region are higher than the rest of the country. There are reports of increased smuggling.
| |
| | |Fuel Matrix Pricing Mechanism=on | | |Fuel Matrix Pricing Mechanism=on |
| | |Fuel Matrix Price Level=on | | |Fuel Matrix Price Level=on |
Revision as of 12:01, 18 February 2013
Part of: GIZ International Fuel Price database
Also see: Iraq Energy Situation
Fuel Pricing Policies
| Local Currency:
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IDR
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| Exchange Rate:
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1158.7
(2010/11/17)
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| Last Update:
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"Government initiated administered official price adjustments at the end of 2005. Large differences between black market and official prices remain. Direct budgetary subsidies for imported fuels (except kerosene) were eliminated in 2007. Indirect subsidies for domestic crude/products were reduced from 10.5% of GDP in 2006 to 1.5% in 2009, but remain."
(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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| in Local Currency |
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
(** Prices from Erbil.)
Fuel Price Composition
Price composition.
No information available.
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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| No information available.
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Unknown.
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Sources to the Public
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
