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 | + | |Fuel Pricing Policies="Pricing policy: Prices were deregulated in 1999 except LPG, for which maximum prices are set by location. 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 The state of emergency was repealed in Jan 2009.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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| + | Information: Instituto Nicaragüense de Energía (Nicaraguan Institute of Energy) posts the average prices of three deregulated products—gasoline, diesel, and kerosene—surveyed at about 75 filling stations in Managua every week, and provides details on the three highest-priced and three lowest-priced filling stations as money-saving tips." | ||
(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 10:57, 26 March 2013
Part of: GIZ International Fuel Price database
Also see: Nicaragua Energy Situation
Fuel Pricing Policies
| Local Currency: | NIO |
| Exchange Rate: | 21.39
|
| Last Update: |
"Pricing policy: Prices were deregulated in 1999 except LPG, for which maximum prices are set by location. 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 The state of emergency was repealed in Jan 2009.
Information: Instituto Nicaragüense de Energía (Nicaraguan Institute of Energy) posts the average prices of three deregulated products—gasoline, diesel, and kerosene—surveyed at about 75 filling stations in Managua every week, and provides details on the three highest-priced and three lowest-priced filling stations as money-saving tips."
(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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