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
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|Fuel Pricing Policies="The „Malawi Energy Regulatory Authority“ (MERA) regulates any energy prices in Malawi, including liquid fuels. "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."
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|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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After several fuel shortages in 2009 and 2010, the Malawi Government decided, to found a new, state-owned oil company in 2011. This company should then handle the storage of higher amounts of liquid fuels to avoid fuel shortages in the future (App. A2).
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Information: MERA posts new fuel prices on its Web site."
  
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According to an internet article (App. A4), more than 40% of the pump fuel price are levies/taxes. Fuel prices were raised again in January 2011, by 10%.
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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=MWK
 
|Fuel Currency=MWK
 
|Fuel Price Exchange Rate=149.8
 
|Fuel Price Exchange Rate=149.8
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|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
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{{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.meramalawi.mw
 
|Fuel Price Factsheet Source Link=http://www.meramalawi.mw
 
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[[Category:Malawi]]

Latest revision as of 16:12, 15 July 2014

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

Fuel Pricing Policies

Local Currency: MWK
Exchange Rate: 149.8


(2010/11/17)

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*

in Local Currency

* 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.


GIZ IFP2012 Malawi.png


Source: http://www.mwnation.com/index.php?option=com_content&view=article&id=14108:mejn-queries-fuel-levies&catid=11:business-news&Itemid=4



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 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

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: Malawi|google }}.

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