Revision as of 10:38, 4 December 2012
Part of: GIZ International Fuel Price database
Also see: Congo (Democratic Republic) Energy Situation
Fuel Pricing Policies
| Local Currency:
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CDF
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| Exchange Rate:
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896
(2010/11/12)
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| Last Update:
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The government / the ministry of finances sets fixed fuel pump prices.
According to →Appendix A1b, the government was urged by IMF to stop subsidizing fuels. This resulted in a notable price increase in mid-November 2010. The real cost of gasoline were estimated to be at CDF 1200 / liter while the pump price was adjusted from CDF 970 to CDF 1150. According to →App. A1b, the subsidies of fuels from October 2009 until October 2010 summed up to 17 million US$.
The price increase came to the public as a total surprise. The responsible minister gave a statement not before three days later (→App. A1, A1b).
No official information concerning fuel pricing could be found online.
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
Fuel Price Composition
Price composition.
According to →Appendix A1b, subsidies on fuels were reduced / cancelled in late 2010, leading to a notable increase in fuel prices (~ 20%).
No further 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 official information concerning fuel prices could be found on the ministries websites.
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
