Fuel Prices Venezuela
Part of: GIZ International Fuel Price database
Also see: Venezuela Energy Situation
Fuel Pricing Policies
Local Currency: | VEF |
Exchange Rate: | 4.2897
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Last Update: |
Agencies:
“Ministry of Energy- and Mines: Owing to its low production costs (indirect subsidy), it does not raise refinery prices to import parity. It does not use any control or monitoring mechanism for the full price of fuels in service stations since they are regulated.
Petroleos de Venezuela (PDVSA): It only publishes the current prices of oil products. For the month of September, two types of gasoline will be sold in Venezuela: 91 leaded octane and 95 unleaded octane, as part of a programme for improving quality- and rationalizing the consumption of this fuel, which is partly environmentally-friendly”
Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf
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 for one litre of Gasoline 95 Octane as of 2010/11/01.
![GIZ IFP2012 Venezuela1.png](/images/6/62/GIZ_IFP2012_Venezuela1.png)
![GIZ IFP2012 Venezuela2.png](/images/f/fe/GIZ_IFP2012_Venezuela2.png)
Source: http://www.eluniversal.com/2009/03/21/en_eco_esp_venezuela-increases_21A2263443.shtml
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.pdvsa.com (Petroleos de Venezuela Sociedad Anonima. PDVSA) |
Other Information | http://www.claec.org (Latin American Commission of Fuel Companies) |
Other Information | http://www.mem.gov.ve/ (Ministry of Energy and Mines) |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices