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
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|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.
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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%.
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Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers."
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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=USD
 
|Fuel Currency=USD
 
|Fuel Price Exchange Rate Date=2010/11/17
 
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
 
 
|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=2010/11/1
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|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 Policies=Weekly price announcement on:
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|Fuel Matrix Pricing Mechanism=2
http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116
 
 
|Fuel Matrix Price Level=2
 
|Fuel Matrix Price Level=2
|Fuel Matrix Pricing Mechanism=2
 
 
|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:


(2010/11/17)

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*

* 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.


GIZ IFP2012 El Salvador1.png
GIZ IFP2012 El Salvador2.png




VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf

At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
IFPDB matrix background.png
IFPDB matrix point.png
IFPDB trafficlight red.png IFPDB trafficlight explanation.png IFPDB trafficlight yellow.png



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

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de