Fuel Prices Colombia

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Revision as of 14:09, 10 December 2012 by ***** (***** | *****)

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

Fuel Pricing Policies

Local Currency: COP
Exchange Rate: 1850.04


(2010/11/17)

Last Update:

http://www.minminas.gov.co/minminas/downloads/UserFiles/File/hidrocarburos/DOCUMENTO%20GENERAL%20PRECIOS%20DE%20LOS%20COMBUSTIBLES.pdf

Agencies:

“Ministry of Mines and Energy (MME): Determines the producer income, wholesale-retail distributor's mark-up and the full price of controlled products.

Energy Mining Planning Unit (UPME): Monthly survey of the full price to service stations with monitored free regime

Colombian Petroleum Company (Ecopetrol): The price structure for regular gasoline (up to the full price) and extra gasoline (up to the maximum price to the wholesale distributor) may be obtained on the Web.”

Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf

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 2012/04/01.


GIZ IFP2012 Colombia1.png
GIZ IFP2012 Colombia2.png


Source: http://www.ecopetrol.com.co/contenido.aspx?catID=192&conID=36336&pagID=129391



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://www.ecopetrol.com (Colombian Petroleum Company)
Other Information http://www.minminas.gov.co (Ministry of Mines and Energy)
Other Information http://www.dinero.com/opinion/columnistas/articulo/la-encrucijada-del-precio-combustibles/186095
Other Information http://www.bamep.gov.co (Bank of the Republic of Colombia)
Other Information http://www.creg.gov.co (Energy and Gas Regulatory Commission)
Pricing Mechanism http://bit.ly/1q2OFJ4
Pump prices and margins http://www.ecopetrol.com.co/contenido.aspx?catID=192&conID=36336&pagID=129391
Pump prices and margins http://bit.ly/1q2OFJ4
Wholesale Prices http://www.ecopetrol.com.co/contenido.aspx?catID=192&conID=36336&pagID=129391


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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