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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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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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%.
 
|Fuel Currency=MWK
 
|Fuel Currency=MWK
 
|Fuel Price Exchange Rate=149.8
 
|Fuel Price Exchange Rate=149.8
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|Fuel Price Composition Date=2011/02/08
 
|Fuel Price Composition Date=2011/02/08
 
|Fuel Price Composition Annotation=Source: http://www.mwnation.com/index.php?option=com_content&view=article&id=14108:mejn-queries-fuel-levies&catid=11:business-news&Itemid=4
 
|Fuel Price Composition Annotation=Source: http://www.mwnation.com/index.php?option=com_content&view=article&id=14108:mejn-queries-fuel-levies&catid=11:business-news&Itemid=4
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|Fuel Pricing Policies=The „Malawi Energy Regulatory Authority“ (MERA) regulates any energy prices in Malawi, including liquid fuels. On their internet homepage http://www.meramalawi.mw, there is no information available concerning actual fuel prices and fuel price compositions. According to several internet articles, fuel prices are adjusted several times a year, accounting for the changing import (=world market) prices.
 
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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).
 
−
 
−
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%.
 
 
|Fuel Matrix Pricing Mechanism=2
 
|Fuel Matrix Pricing Mechanism=2
 
|Fuel Matrix Price Level=4
 
|Fuel Matrix Price Level=4

Revision as of 18:48, 10 February 2013

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:

"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."


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).

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%.

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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