Difference between revisions of "Fuel Prices Nicaragua"
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{{Fuel Price Factsheet | {{Fuel Price Factsheet | ||
|Fuel Price Country=Nicaragua | |Fuel Price Country=Nicaragua | ||
| + | |Fuel Pricing Policies="Prices were deregulated in 1999 except LPG, for which maximum prices are set by location. Government monitors and reports retail prices in Managua every week, and cites the lowest and highest-priced filling stations for each fuel as money-saving tips. When Tropigas, which controlled 60% of the LPG market at the time, asked for a 100% price increase amidst serious LPG shortages, the president in Sep 2008 declared an economic state of emergency for six months, authorizing Nicaraguan Institute of Energy to import and sell LPG. The state of emergency was repealed in Jan 2009." | ||
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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=NIO | |Fuel Currency=NIO | ||
|Fuel Price Exchange Rate=21.39 | |Fuel Price Exchange Rate=21.39 | ||
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|Fuel Price Composition 2=GIZ_IFP2012_Nicaragua2.png | |Fuel Price Composition 2=GIZ_IFP2012_Nicaragua2.png | ||
|Fuel Price Composition Annotation 2=No further information available. | |Fuel Price Composition Annotation 2=No further information available. | ||
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|Fuel Matrix Pricing Mechanism=2 | |Fuel Matrix Pricing Mechanism=2 | ||
|Fuel Matrix Price Level=2 | |Fuel Matrix Price Level=2 | ||
Revision as of 12:39, 22 February 2013
Part of: GIZ International Fuel Price database
Also see: Nicaragua Energy Situation
Fuel Pricing Policies
| Local Currency: | NIO |
| Exchange Rate: | 21.39
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| Last Update: |
"Prices were deregulated in 1999 except LPG, for which maximum prices are set by location. Government monitors and reports retail prices in Managua every week, and cites the lowest and highest-priced filling stations for each fuel as money-saving tips. When Tropigas, which controlled 60% of the LPG market at the time, asked for a 100% price increase amidst serious LPG shortages, the president in Sep 2008 declared an economic state of emergency for six months, authorizing Nicaraguan Institute of Energy to import and sell LPG. The state of emergency was repealed in Jan 2009."
(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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| in Local Currency |
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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.
No further information available.
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.ine.gob.ni/DGH/monitoreos/2012/RES_monitoreo.pdf |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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