Difference between revisions of "Fuel Prices Angola"
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{{Fuel Price Factsheet | {{Fuel Price Factsheet | ||
|Fuel Price Country=Angola | |Fuel Price Country=Angola | ||
| − | |Fuel Pricing Policies="Fuel prices are uniform in the country, controlled by government, heavily subsidized, and last changed in Sep 2010, when the prices of gasoline, but no other fuel, were raised. IMF said in Aug 2012 that fuel subsidies in 2011 amounted to 7.8% of GDP (US$7.9 billion), equivalent to more than 90% of public investment spending." | + | |Fuel Pricing Policies="Pricing policy: Fuel prices are uniform in the country, controlled by government, heavily subsidized, and last changed in Sep 2010, when the prices of gasoline, but no other fuel, were raised. |
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| + | Subsidies: IMF said in Aug 2012 that fuel subsidies in 2011 amounted to 7.8% of GDP (US$7.9 billion), equivalent to more than 90% of public investment spending." | ||
(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.) | ||
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{{Fuel Price Factsheet Source}} | {{Fuel Price Factsheet Source}} | ||
{{Fuel Price Factsheet Source}} | {{Fuel Price Factsheet Source}} | ||
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| + | [[Category:Angola]] | ||
Latest revision as of 12:23, 13 October 2014
Part of: GIZ International Fuel Price database
Also see: Angola Energy Situation
Fuel Pricing Policies
| Local Currency: | AOA |
| Exchange Rate: | 92.042
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| Last Update: |
"Pricing policy: Fuel prices are uniform in the country, controlled by government, heavily subsidized, and last changed in Sep 2010, when the prices of gasoline, but no other fuel, were raised.
Subsidies: IMF said in Aug 2012 that fuel subsidies in 2011 amounted to 7.8% of GDP (US$7.9 billion), equivalent to more than 90% of public investment spending."
(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.
No official information available online.
Newspaper articles state that there are fuel subsidies in Angola (which is also obvious from the low prices; → Appendix A1 and A2)
At a Glance
| Regulation-Price-Matrix |
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Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.mincec.gov.ao/ (Ministério da Coordenacao Económica) |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
The following coordinate was not recognized: {{#geocode: Angola|google }}.
