Difference between revisions of "Fuel Prices Namibia"
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{{Fuel Price Factsheet | {{Fuel Price Factsheet | ||
|Fuel Price Country=Namibia | |Fuel Price Country=Namibia | ||
| + | |Fuel Pricing Policies=The Ministry of Mines and Energy regulated prices in the privatized downstream fuel sector of Namibia. On their internet website (Annex A1), they offer some information about fuel pricing. However, an exact description of the price composition and actual fuel prices are missing. | ||
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| + | According to the ministries website, diesel prices are only regulated at the wholesale level, i.e. the retailers market is liberal for diesel; pump prices for gasoline are regulated. (This is also the case for South Africa.) | ||
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| + | A ‚Slate‘-Mechanism is used to compensate volatile In-Bond Landed Costs (IBLC) of liquid fuels. Fuel prices are recalculated quarterly using a Price Adjustment Mechanism established in 1997. This mechnism accounts for changed IBLC and the current ‚Slate‘-balance. | ||
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| + | Regulated prices hold for the coastal cities. Fuel prices in inland cities, that are supplied with fuels via train, are subject to an additional transportation fee reflecting the actual costs. | ||
|Fuel Currency=NAD | |Fuel Currency=NAD | ||
|Fuel Price Exchange Rate=6.97 | |Fuel Price Exchange Rate=6.97 | ||
|Fuel Price Exchange Rate Date=2010/11/17 | |Fuel Price Exchange Rate Date=2010/11/17 | ||
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|Fuel Price Composition Annotation=Fuel prices differ by actual transportation costs, i.e. inland prices are higher than coastal prices. | |Fuel Price Composition Annotation=Fuel prices differ by actual transportation costs, i.e. inland prices are higher than coastal prices. | ||
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Source: http://www.mme.gov.na/energy/fuels.htm (Annex A1) | Source: http://www.mme.gov.na/energy/fuels.htm (Annex A1) | ||
| − | |Fuel Pricing | + | |Fuel Matrix Pricing Mechanism=2 |
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|Fuel Matrix Price Level=2.5 | |Fuel Matrix Price Level=2.5 | ||
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|Fuel Matrix Annotation=Actual prices and historical data is missing. A more exact description of price composition is missing. | |Fuel Matrix Annotation=Actual prices and historical data is missing. A more exact description of price composition is missing. | ||
|Fuel Transparency Price Composition=2 | |Fuel Transparency Price Composition=2 | ||
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|Fuel Price Factsheet Source Type=Other Information | |Fuel Price Factsheet Source Type=Other Information | ||
|Fuel Price Factsheet Source Link=http://www.mme.gov.na/energy/fuels.htm | |Fuel Price Factsheet Source Link=http://www.mme.gov.na/energy/fuels.htm | ||
| + | |Fuel Price Factsheet Source Annotation=A1 | ||
}} | }} | ||
Revision as of 10:38, 25 February 2013
Part of: GIZ International Fuel Price database
Also see: Namibia Energy Situation
Fuel Pricing Policies
| Local Currency: | NAD |
| Exchange Rate: | 6.97
|
| Last Update: |
The Ministry of Mines and Energy regulated prices in the privatized downstream fuel sector of Namibia. On their internet website (Annex A1), they offer some information about fuel pricing. However, an exact description of the price composition and actual fuel prices are missing.
According to the ministries website, diesel prices are only regulated at the wholesale level, i.e. the retailers market is liberal for diesel; pump prices for gasoline are regulated. (This is also the case for South Africa.)
A ‚Slate‘-Mechanism is used to compensate volatile In-Bond Landed Costs (IBLC) of liquid fuels. Fuel prices are recalculated quarterly using a Price Adjustment Mechanism established in 1997. This mechnism accounts for changed IBLC and the current ‚Slate‘-balance.
Regulated prices hold for the coastal cities. Fuel prices in inland cities, that are supplied with fuels via train, are subject to an additional transportation fee reflecting the actual costs.
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.
Fuel prices differ by actual transportation costs, i.e. inland prices are higher than coastal prices.
There are no more fuel subsidies in Namibia. It is unclear, whether there is a taxation on liquid fuels.
A more exact description is missing.
Source: http://www.mme.gov.na/energy/fuels.htm (Annex A1)
At a Glance
| Regulation-Price-Matrix |
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Actual prices and historical data is missing. A more exact description of price composition is missing.
Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.mme.gov.na/energy/fuels.htm (A1) |
| Price Composition | http://www.mme.gov.na/energy/fuels.htm |
| Pricing Mechanism | http://www.mme.gov.na/energy/fuels.htm |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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