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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." | + | |Fuel Pricing Policies="Pricing policy: Government initiated administered official price adjustments at the end of 2005. 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 IMF). |
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| | + | Consequences of subsidies: Large differences between black market and official prices persist." |
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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 Transparency Pricing Mechanism=on | | |Fuel Transparency Pricing Mechanism=on |
| | }} | | }} |
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| | + | [[Category:Iraq]] |
Latest revision as of 13:09, 13 October 2014
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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"Pricing policy: Government initiated administered official price adjustments at the end of 2005. 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 IMF).
Consequences of subsidies: Large differences between black market and official prices persist."
(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
