Difference between revisions of "Fuel Prices Bolivia"

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|Fuel Price Exchange Rate Date=2010/11/17
 
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Revision as of 13:40, 10 December 2012

Part of: GIZ International Fuel Price database


Fuel Pricing Policies

Local Currency: BOB
Exchange Rate: 6.88


(2010/11/17)

Last Update:
  • Bolivia is net-importer of fossil fuels from Venezuela and Argentina
  • Fuels are sold subsidized
  • Prices are heavily regulated
  • Price gaps to neighbouring countries enforces smuggling
  • Low revenue for oil producers (27 USD per barrel) leads to underinvestment

Agencies:

Ministry of Energy and Mines (MEM) and the Ministry of Finance: Publishes on its web site the variations in average prices to the public of oil products.

Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



Fuel Price Composition

Price composition as of 2002/01/01.


GIZ IFP2012 Bolivia1.png
GIZ IFP2012 Bolivia2.png


Source: example to estimate %-values for each component

http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf pages 15-18

http://www.tmf-vat.com/international-vat-rates-2010/94-bolivia-vat-rate.html



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 red.png



Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.cbli.org.bo (Bolivian Chamber of Hydrocarbons)
Other Information http://www.bolivia-industry.com (National Chamber of Industry)
Other Information http://www.bcb.gov.bo/ (Central Bank of Bolivia)
Pump prices and margins http://www.hidrocarburos.gob.bo/MHE2012/


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