Difference between revisions of "Fuel Prices Malawi"
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{{Fuel Price Factsheet | {{Fuel Price Factsheet | ||
|Fuel Price Country=Malawi | |Fuel Price Country=Malawi | ||
| − | |Fuel Pricing Policies="Automatic price adjustment mechanism was suspended in 2004 and resumed in Jun 2012. Government sets maximum retail prices, uniform throughout the country, for gasoline, diesel, and kerosene every month. The prices are adjusted when landed costs in local currency vary by more than ±5%. When the variation is less than ±5%, a price stabilization fund is used. There are numerous fuel levies: energy regulation levy to finance the activities of the Malawi Energy Regulatory Authority (MERA), road levy, Malawi Bureau of Standards cess, safety net levy which contributes to development projects for the poor including a fertilizer subsidy program, and contribution to the price stabilization fund." | + | |Fuel Pricing Policies="Pricing policy: Automatic price adjustment mechanism was suspended in 2004 and resumed in Jun 2012. Government sets maximum retail prices, uniform throughout the country, for gasoline, diesel, and kerosene every month. The prices are adjusted when landed costs in local currency vary by more than ±5%. When the variation is less than ±5%, a price stabilization fund is used. There are numerous fuel levies: energy regulation levy to finance the activities of the Malawi Energy Regulatory Authority (MERA), road levy, Malawi Bureau of Standards cess, safety net levy which contributes to development projects for the poor including a fertilizer subsidy program, and contribution to the price stabilization fund. The price of kerosene for domestic use has been frozen at MK 171 (US$0.47)/liter, against MK 591.4 (US$1.64)/liter for other uses and MK 683.6 (US$1.90)/liter for diesel in Feb 2013. |
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| + | Protests: Fuel and foreign exchange shortages led to deadly protests in Jul 2011. | ||
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| + | Information: MERA posts new fuel prices on its Web site." | ||
(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.) | (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.) | ||
Revision as of 10:21, 26 March 2013
Part of: GIZ International Fuel Price database
Also see: Malawi Energy Situation
Fuel Pricing Policies
| Local Currency: | MWK |
| Exchange Rate: | 149.8
|
| Last Update: |
"Pricing policy: Automatic price adjustment mechanism was suspended in 2004 and resumed in Jun 2012. Government sets maximum retail prices, uniform throughout the country, for gasoline, diesel, and kerosene every month. The prices are adjusted when landed costs in local currency vary by more than ±5%. When the variation is less than ±5%, a price stabilization fund is used. There are numerous fuel levies: energy regulation levy to finance the activities of the Malawi Energy Regulatory Authority (MERA), road levy, Malawi Bureau of Standards cess, safety net levy which contributes to development projects for the poor including a fertilizer subsidy program, and contribution to the price stabilization fund. The price of kerosene for domestic use has been frozen at MK 171 (US$0.47)/liter, against MK 591.4 (US$1.64)/liter for other uses and MK 683.6 (US$1.90)/liter for diesel in Feb 2013.
Protests: Fuel and foreign exchange shortages led to deadly protests in Jul 2011.
Information: MERA posts new fuel prices on its Web site."
(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 2011/02/08.
At a Glance
| Regulation-Price-Matrix |
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No information found on the MERA internet website.
Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.meramalawi.mw |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
The following coordinate was not recognized: {{#geocode: Malawi|google }}.
