Fuel Prices Bhutan
Part of: GIZ International Fuel Price database
Also see: Bhutan Energy Situation
Fuel Pricing Policies
Local Currency: | BTN |
Exchange Rate: | 45.265
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Last Update: | 2011/05/01 |
Most fuel is imported from India and local pump prices in Bhutan are directly linked to the India import price. A change in the Indian fuel price level usually induces the same changes in Bhutan with a delay of a couple of days (see →App. A3).
Fuel imports and the downstream fuel market in Bhutan are supervised by the Department of Trade (http://www.trade.gov.bt/). However, no information regarding fuel prices is available on their website as of May 2011.
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.
According to sources (→App. A1, http://www.bhutan.gov.bt/government/newsDetail.php?id=1786%20&%20cat=12), a 5% „Bhutan sales tax“ (VAT-eqiv.) is levied on fuels. Transportation charges of Nu 3.18 a kilolitre for every round trip kilometre in hilly areas and Nu 2.46 a kilolitre for a round trip kilometre in plain areas are included in the price.
Since most fuels are imported from India, pump prices in Bhutan differ by the transportation costs reflecting the distance to the Indian border (see →App.A3).
At a Glance
Regulation-Price-Matrix |
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Sources to the Public
Type of Information | Web-Link / Source |
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Other Information | http://www.businessbhutan.bt/?cat=46&paged=2 (A2) |
Other Information | http://www.businessbhutan.bt/?p=2152 (A3) |
Other Information | http://www.trade.gov.bt/ |
Other Information | http://www.mediawitty.com/test/NewsDetail.aspx?group_id=43&folder_id=47&id=8615&Page_Title=Rising_petrol_prices_cause_unease (A1) |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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