Difference between revisions of "Fuel Prices Congo, Democratic Republic Of"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=Congo, Democratic Rep. Of
 
|Fuel Price Country=Congo, Democratic Rep. Of
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|Fuel Currency=CDF
 
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|Fuel Price Exchange Rate=896
 
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|Fuel Price Exchange Rate Date=2010/11/12
 
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|Fuel Price Last Updated=
 
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|Fuel Price Composition Date=
 
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|Fuel Price Composition Annotation=According to →Appendix A1b, subsidies on fuels were reduced / cancelled in late 2010, leading to a notable increase in fuel prices (~ 20%).
 
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No further information available.
 
 
|Fuel Pricing Policies=The government / the ministry of finances sets fixed fuel pump prices.
 
|Fuel Pricing Policies=The government / the ministry of finances sets fixed fuel pump prices.
  
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No official information concerning fuel pricing could be found online.
 
No official information concerning fuel pricing could be found online.
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|Fuel Currency=CDF
 +
|Fuel Price Exchange Rate=896
 +
|Fuel Price Exchange Rate Date=2010/11/12
 +
|Fuel Price Composition Annotation=According to →Appendix A1b, subsidies on fuels were reduced / cancelled in late 2010, leading to a notable increase in fuel prices (~ 20%).
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 +
No further information available.
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|Fuel Matrix Pricing Mechanism=1
 
|Fuel Matrix Price Level=2.5
 
|Fuel Matrix Price Level=2.5
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|Fuel Matrix Pricing Mechanism=1
 
 
|Fuel Matrix Annotation=No official information concerning fuel prices could be found on the ministries websites.
 
|Fuel Matrix Annotation=No official information concerning fuel prices could be found on the ministries websites.
 
|Fuel Transparency Price Composition=1
 
|Fuel Transparency Price Composition=1
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|Fuel Price Factsheet Source Annotation=Ministère des Finances
 
|Fuel Price Factsheet Source Annotation=Ministère des Finances
 
}}
 
}}
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{{Fuel Price Factsheet Source
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|Fuel Price Factsheet Source Type=Other Information
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|Fuel Price Factsheet Source Link=http://www.afriqueredaction.com/article-kinshasa-les-prix-du-carburant-revus-a-la-hausse-60526074.html
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|Fuel Price Factsheet Source Annotation=A1
 +
}}
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{{Fuel Price Factsheet Source
 +
|Fuel Price Factsheet Source Type=Other Information
 +
|Fuel Price Factsheet Source Link=http://www.afriqueredaction.com/article-appuis-budgetaires-2011---carburant-le-gouvernement-plie-sous-la-pression-du-fmi-60613288.html
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|Fuel Price Factsheet Source Annotation=A1b
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}}
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{{Fuel Price Factsheet Source
 +
|Fuel Price Factsheet Source Type=Other Information
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|Fuel Price Factsheet Source Link=http://www.souslemanguier.com/nouvelles/news.asp?id=19&pays=148&idnews=28302
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|Fuel Price Factsheet Source Annotation=A2
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}}
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{{Fuel Price Factsheet Source}}

Latest revision as of 09:09, 25 February 2013

Part of: GIZ International Fuel Price database
Also see: Congo (Democratic Republic) Energy Situation

Fuel Pricing Policies

Local Currency: CDF
Exchange Rate: 896


(2010/11/12)

Last Update:

The government / the ministry of finances sets fixed fuel pump prices.

According to →Appendix A1b, the government was urged by IMF to stop subsidizing fuels. This resulted in a notable price increase in mid-November 2010. The real cost of gasoline were estimated to be at CDF 1200 / liter while the pump price was adjusted from CDF 970 to CDF 1150. According to →App. A1b, the subsidies of fuels from October 2009 until October 2010 summed up to 17 million US$.

The price increase came to the public as a total surprise. The responsible minister gave a statement not before three days later (→App. A1, A1b).

No official information concerning fuel pricing could be found online.

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.



According to →Appendix A1b, subsidies on fuels were reduced / cancelled in late 2010, leading to a notable increase in fuel prices (~ 20%).

No further information available.



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


No official information concerning fuel prices could be found on the ministries websites.


Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.minfinrdc.cd/ (Ministère des Finances)
Other Information http://www.afriqueredaction.com/article-kinshasa-les-prix-du-carburant-revus-a-la-hausse-60526074.html (A1)
Other Information http://www.afriqueredaction.com/article-appuis-budgetaires-2011---carburant-le-gouvernement-plie-sous-la-pression-du-fmi-60613288.html (A1b)
Other Information http://www.souslemanguier.com/nouvelles/news.asp?id=19&pays=148&idnews=28302 (A2)


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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