Fuel Prices Liberia

Part of: GIZ International Fuel Price database
Also see: Liberia Energy Situation

Fuel Pricing Policies

Local Currency:	USD
Exchange Rate:
Last Update:

The Ministry of Industry and Commerce is in charge of setting maximum („ceiling“) fuel prices in Liberia. According to them, these prices are determined „in close consultation with the management of the Liberia Petroleum Refining Company (LPRC)“, being the state-owned refining monopolist in Liberia.

The ministry used to publish press releases each time the petroleum prices changed. However, the latest press release available concerning fuel prices is of June 2009. Until then, it appears that prices were not revised on a regular basis (e.g. monthly).

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.

The latest official information (of 2009) available implies a retail margin of 18 US Cents per gallon (or 4.75 US-Cents per liter). The given values are as shown above (price per gallon).

There is no further information available.

At a Glance

Regulation-Price-Matrix	Transparency of Price Composition Transparency of Pricing Mechanism / Monitoring

Only obsolete information is available on the official website. Information on price composition is missing (except for the retail margin).

Sources to the Public

Type of Information	Web-Link / Source
Other Information	http://www.moci.gov.lr/
Pump prices and margins	http://www.moci.gov.lr/content.php?sub=13&related=7&res=13&third=13
Wholesale Prices	http://www.moci.gov.lr/content.php?sub=13&related=7&res=13&third=13

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

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