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| | {{Fuel Price Factsheet | | {{Fuel Price Factsheet |
| | |Fuel Price Country=Iraq | | |Fuel Price Country=Iraq |
| | + | |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." |
| | + | |
| | + | (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 Last Updated= | + | |Fuel Price Graph Annotation=(** Prices from Erbil.) |
| − | |Fuel Price Composition Date=
| + | |
| | |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.
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| − | |Fuel Matrix Price Level=on
| |
| | |Fuel Matrix Pricing Mechanism=on | | |Fuel Matrix Pricing Mechanism=on |
| | + | |Fuel Matrix Price Level=on |
| | |Fuel Transparency Price Composition=1 | | |Fuel Transparency Price Composition=1 |
| | |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:
|
IDR
|
| Exchange Rate:
|
1158.7
(2010/11/17)
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| Last Update:
|
|
"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
|
Gasoline 95 Octane |
Diesel |
| in USD* |
|
|
| 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
|
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
