Difference between revisions of "Fuel Prices Venezuela"
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|Fuel Price Exchange Rate=4.2897 | |Fuel Price Exchange Rate=4.2897 | ||
|Fuel Price Exchange Rate Date=2010/11/17 | |Fuel Price Exchange Rate Date=2010/11/17 | ||
| − | + | |Fuel Price Graph Annotation=Note: On 1 January 2008 a new bolivar, the bolívar fuerte (ISO 4217 code VEF), worth 1,000 VEB, was introduced. | |
| − | |Fuel Price Graph Annotation= | + | Source: http://en.wikipedia.org/wiki/Venezuela#endnote_currencynone |
|Fuel Price Composition=GIZ_IFP2012_Venezuela1.png | |Fuel Price Composition=GIZ_IFP2012_Venezuela1.png | ||
|Fuel Price Composition Fuel Type=Gasoline 95 Octane | |Fuel Price Composition Fuel Type=Gasoline 95 Octane | ||
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|Fuel Price Composition Annotation=Source: http://www.eluniversal.com/2009/03/21/en_eco_esp_venezuela-increases_21A2263443.shtml | |Fuel Price Composition Annotation=Source: http://www.eluniversal.com/2009/03/21/en_eco_esp_venezuela-increases_21A2263443.shtml | ||
|Fuel Price Composition 2=GIZ_IFP2012_Venezuela2.png | |Fuel Price Composition 2=GIZ_IFP2012_Venezuela2.png | ||
| − | |Fuel Pricing Policies=Agencies: | + | |Fuel Pricing Policies='''Agencies:''' |
“Ministry of Energy- and Mines: Owing to its low production costs (indirect subsidy), it does not raise refinery prices to import parity. It does not use any control or monitoring mechanism for the full price of fuels in service stations since they are regulated. | “Ministry of Energy- and Mines: Owing to its low production costs (indirect subsidy), it does not raise refinery prices to import parity. It does not use any control or monitoring mechanism for the full price of fuels in service stations since they are regulated. | ||
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Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf | Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf | ||
| + | |Fuel Matrix Pricing Mechanism=1 | ||
|Fuel Matrix Price Level=1 | |Fuel Matrix Price Level=1 | ||
| − | |||
|Fuel Transparency Price Composition=1 | |Fuel Transparency Price Composition=1 | ||
|Fuel Transparency Pricing Mechanism=1 | |Fuel Transparency Pricing Mechanism=1 | ||
Revision as of 16:25, 11 December 2012
Part of: GIZ International Fuel Price database
Also see: Venezuela Energy Situation
Fuel Pricing Policies
| Local Currency: | VEF |
| Exchange Rate: | 4.2897
|
| Last Update: |
Agencies:
“Ministry of Energy- and Mines: Owing to its low production costs (indirect subsidy), it does not raise refinery prices to import parity. It does not use any control or monitoring mechanism for the full price of fuels in service stations since they are regulated.
Petroleos de Venezuela (PDVSA): It only publishes the current prices of oil products. For the month of September, two types of gasoline will be sold in Venezuela: 91 leaded octane and 95 unleaded octane, as part of a programme for improving quality- and rationalizing the consumption of this fuel, which is partly environmentally-friendly”
Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf
Fuel Prices and Trends
| 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
Note: On 1 January 2008 a new bolivar, the bolívar fuerte (ISO 4217 code VEF), worth 1,000 VEB, was introduced.
Source: http://en.wikipedia.org/wiki/Venezuela#endnote_currencynone
Fuel Price Composition
Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.
Source: http://www.eluniversal.com/2009/03/21/en_eco_esp_venezuela-increases_21A2263443.shtml
At a Glance
| Regulation-Price-Matrix |
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Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.mem.gov.ve/ (Ministry of Energy and Mines) |
| Other Information | http://www.pdvsa.com (Petroleos de Venezuela Sociedad Anonima. PDVSA) |
| Other Information | http://www.claec.org (Latin American Commission of Fuel Companies) |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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