Difference between revisions of "Fuel Prices United Arab Emirates"
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Revision as of 17:33, 2 December 2012
Part of: GIZ International Fuel Price database
Also see: United Arab Emirates Energy Situation
Fuel Pricing Policies
| Local Currency: | AED |
| Exchange Rate: | 3.67
|
| Last Update: |
Prices are set in discussions between the government and the state owned retail companies and are changed in an ad hoc manner. According to a state oil company official there are plans to eventually liberalise the market with an intermediate step where prices should be reviewed periodically every three month by a pricing committee. By the UAE government’s definition of subsidies, diesel is no longer subsidized.
The price for Diesel varies across regions (northern Emirates cheaper than in the southern ones). Price differential led to long tanking queues in 2008.
UAE has to import refined fuel products because they have too few refineries. They already have the highest fuel prices among all GCC countries with two prices increases already this year.
Status as of 5.10.2010
Fuel Prices and Trends
| Gasoline 95 Octane | Diesel | |
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| 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 information available.
At a Glance
| Regulation-Price-Matrix |
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Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Pump prices and margins | http://www.dubaifaqs.com/petrol-price-in-dubai.php |
| Pump prices and margins | https://www.moenr.gov.ae/en/knowledge-center/petrol-prices.aspx |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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