Difference between revisions of "Fuel Prices El Salvador"
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{{Fuel Price Factsheet | {{Fuel Price Factsheet | ||
|Fuel Price Country=El Salvador | |Fuel Price Country=El Salvador | ||
| + | |Fuel Pricing Policies="Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices. | ||
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| + | Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills. | ||
| + | |||
| + | Compensation: Public transport is subsidized in proportion to fuel prices, although fiscal problems have made it difficult to continue the subsidies and the administration of President Funes in 2012 was considering a proposal to cut subsidies by 40%. | ||
| + | |||
| + | Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers." | ||
| + | |||
| + | (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.) | ||
|Fuel Currency=USD | |Fuel Currency=USD | ||
|Fuel Price Exchange Rate Date=2010/11/17 | |Fuel Price Exchange Rate Date=2010/11/17 | ||
| − | |||
|Fuel Price Composition=GIZ_IFP2012_El Salvador1.png | |Fuel Price Composition=GIZ_IFP2012_El Salvador1.png | ||
|Fuel Price Composition Fuel Type=Gasoline 95 Octane | |Fuel Price Composition Fuel Type=Gasoline 95 Octane | ||
| − | |Fuel Price Composition Date=2010/11/ | + | |Fuel Price Composition Date=2010/11/01 |
|Fuel Price Composition 2=GIZ_IFP2012_El Salvador2.png | |Fuel Price Composition 2=GIZ_IFP2012_El Salvador2.png | ||
|Fuel Price Composition Annotation 2=VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf | |Fuel Price Composition Annotation 2=VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf | ||
| − | |Fuel Pricing | + | |Fuel Matrix Pricing Mechanism=2 |
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|Fuel Matrix Price Level=2 | |Fuel Matrix Price Level=2 | ||
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|Fuel Transparency Price Composition=1 | |Fuel Transparency Price Composition=1 | ||
|Fuel Transparency Pricing Mechanism=2 | |Fuel Transparency Pricing Mechanism=2 | ||
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|Fuel Price Factsheet Source Link=http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116 | |Fuel Price Factsheet Source Link=http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116 | ||
}} | }} | ||
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| + | [[Category:El_Salvador]] | ||
Latest revision as of 12:53, 12 March 2015
Part of: GIZ International Fuel Price database
Also see:El Salvador Energy Situation
Fuel Pricing Policies
| Local Currency: | USD |
| Exchange Rate: |
|
| Last Update: |
"Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices.
Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills.
Compensation: Public transport is subsidized in proportion to fuel prices, although fiscal problems have made it difficult to continue the subsidies and the administration of President Funes in 2012 was considering a proposal to cut subsidies by 40%.
Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers."
(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* |
|
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
Fuel Price Composition
Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.
VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf
At a Glance
| Regulation-Price-Matrix |
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Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Pump prices and margins | http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116 |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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