Fuel Prices Benin

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Revision as of 12:56, 22 February 2013 by ***** (***** | *****)

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

Fuel Pricing Policies

Local Currency: XOF
Exchange Rate: 472.9


(2010/11/17)

Last Update:

According to an official communiqué of June 30, 2008 (→ Appendix A2), the Minister of Industry and Trade is adjusting the prices of fuels. Following this communiqué, the council of ministers has to approve the proposal of changed fuel prices.

The information presented on the official government and ministry websites is very poor in general. In particular, there is no information concerning fuel prices and fuel pricing mechanism at all.

According to an internet article (→ Appendix A1), the prices for fuels are updated monthly by the government / the minister, “taking into account the price of crude oil on the internaitonal market”. The article also states, that there is a notable problem with illegal operators.

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.



No information available.



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public

Type of Information Web-Link / Source
Other Information http://illassa-benoit.over-blog.com/article-20909277.html (A2)
Other Information http://www.gouv.bj/spip.php?rubrique43 (List of Beninese Ministries)


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

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