Difference between revisions of "Fuel Prices Ethiopia"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=Ethiopia
 
|Fuel Price Country=Ethiopia
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|Fuel Pricing Policies="Pricing policy: Ministry of Trade examines fuel prices every month and adjusts them, although not regularly. Government stopped the policy of subsidizing petroleum fuels in 2008 and set domestic prices higher than import costs beginning in Oct 2008 to repay the debt accumulated in the Oil Stabilization Fund. The price of kerosene, which is untaxed and also cross-subsidized to some extent, is lower than other fuel prices. Prices are frozen for months at a time: kerosene prices did not change between Mar and Oct 2011, and between Oct 2011 and Jul 2012 (the last month for which price data are available on the Web site of Central Statistical Agency); gasoline and diesel prices did not change between Jan and July 2012. The content of ethanol blended in gasoline was increased from 5% to 10% in mid-Mar 2012 to lower gasoline prices.
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Information: The historical data from monthly consumer price surveys, including petroleum products, are posted on the Web site of Central Statistical Agency by location, although with a considerable delay. For example, in Feb 2013, the last month for which the price information was available was Jul 2012."
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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=ETB
 
|Fuel Currency=ETB
 
|Fuel Price Exchange Rate=16.363
 
|Fuel Price Exchange Rate=16.363
 
|Fuel Price Exchange Rate Date=2010/11/17
 
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
 
|Fuel Price Composition Date=
 
 
|Fuel Price Composition Annotation=According to http://www.mofed.gov.et/Uploaded/document/proclamations/taxsynpsis.pdf , there is a 30% excise tax on fuels.
 
|Fuel Price Composition Annotation=According to http://www.mofed.gov.et/Uploaded/document/proclamations/taxsynpsis.pdf , there is a 30% excise tax on fuels.
  
 
No further information available.
 
No further information available.
|Fuel Pricing Policies=The Ministry of Industry and Trade regulates fuel prices in Ethiopia. There is no official information available on their internet website.
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|Fuel Matrix Pricing Mechanism=2
 
 
An online news article (→Appendix A1) states, that prices were revised upwards three times in three month in late 2010. Prices are changed without any prior announcement. Also, this article cites the ministry, saying that those price increases arise from increased global oil prices and the devaluation of the local currency (Ethiopian Birr). It can be assumed, that prices are homogeneous across the country (as prices come without any relation to specific cities or regions).
 
 
|Fuel Matrix Price Level=2
 
|Fuel Matrix Price Level=2
|Fuel Matrix Pricing Mechanism=2
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|Fuel Matrix Annotation=No information available on the website of the Ministry of Industry and Trade.
 
|Fuel Transparency Price Composition=1
 
|Fuel Transparency Price Composition=1
 
|Fuel Transparency Pricing Mechanism=1
 
|Fuel Transparency Pricing Mechanism=1
}}
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}} {{Fuel Price Factsheet Source
{{Fuel Price Factsheet Source
 
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Link=http://www.ethiopia.gov.et/English/MOTI/Pages/Home.aspx
 
|Fuel Price Factsheet Source Link=http://www.ethiopia.gov.et/English/MOTI/Pages/Home.aspx
 
}}
 
}}
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[[Category:Ethiopia]]

Latest revision as of 16:08, 15 July 2014

Part of: GIZ International Fuel Price database
Also see: Ethiopia Energy Situation

Fuel Pricing Policies

Local Currency: ETB
Exchange Rate: 16.363


(2010/11/17)

Last Update:

"Pricing policy: Ministry of Trade examines fuel prices every month and adjusts them, although not regularly. Government stopped the policy of subsidizing petroleum fuels in 2008 and set domestic prices higher than import costs beginning in Oct 2008 to repay the debt accumulated in the Oil Stabilization Fund. The price of kerosene, which is untaxed and also cross-subsidized to some extent, is lower than other fuel prices. Prices are frozen for months at a time: kerosene prices did not change between Mar and Oct 2011, and between Oct 2011 and Jul 2012 (the last month for which price data are available on the Web site of Central Statistical Agency); gasoline and diesel prices did not change between Jan and July 2012. The content of ethanol blended in gasoline was increased from 5% to 10% in mid-Mar 2012 to lower gasoline prices.

Information: The historical data from monthly consumer price surveys, including petroleum products, are posted on the Web site of Central Statistical Agency by location, although with a considerable delay. For example, in Feb 2013, the last month for which the price information was available was Jul 2012."

(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*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



Fuel Price Composition

Price composition.



According to http://www.mofed.gov.et/Uploaded/document/proclamations/taxsynpsis.pdf , there is a 30% excise tax on fuels.

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 information available on the website of the Ministry of Industry and Trade.


Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.ethiopia.gov.et/English/MOTI/Pages/Home.aspx


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

The following coordinate was not recognized: {{#geocode: Ethiopia|google }}.