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
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|Fuel Pricing Policies="Pricing policy: A 1990 act regulates gasoline and diesel prices, and Ministry of Mines and Energy (MME) announces retail prices of gasoline and wholesale prices of diesel by location once a month. The National Energy Fund subsidizes fuel supply to remote areas, and in addition has been used to subsidize regulated fuel prices from time to time.
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Information: Prices of gasoline and diesel are posted on MME’s Web site every month."
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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=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 Last Updated=
 
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|Fuel Price Composition Date=
 
 
|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)
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|Fuel Pricing Policies=The Ministry of Mines and Energy regulated prices in the privatized downstream fuel sector of Namibia. On their internet website (http://www.mme.gov.na/energy/fuels.htm, 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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|Fuel Matrix Pricing Mechanism=2
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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 Matrix Price Level=2.5
 
|Fuel Matrix Price Level=2.5
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|Fuel Matrix Pricing Mechanism=2
 
 
|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
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|Fuel Price Factsheet Source Annotation=A1
 
}}
 
}}
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[[Category:Namibia]]

Latest revision as of 13:04, 23 September 2014

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

Fuel Pricing Policies

Local Currency: NAD
Exchange Rate: 6.97


(2010/11/17)

Last Update:

"Pricing policy: A 1990 act regulates gasoline and diesel prices, and Ministry of Mines and Energy (MME) announces retail prices of gasoline and wholesale prices of diesel by location once a month. The National Energy Fund subsidizes fuel supply to remote areas, and in addition has been used to subsidize regulated fuel prices from time to time.

Information: Prices of gasoline and diesel are posted on MME’s Web site every month."

(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.



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
Transparency of
Price Composition 		Transparency of Pricing
Mechanism / Monitoring
IFPDB matrix background.png
IFPDB matrix point.png
 IFPDB trafficlight yellow.png IFPDB trafficlight explanation.png IFPDB trafficlight yellow.png


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

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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