Fuel Prices Sierra Leone

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

Fuel Pricing Policies

Local Currency: SLL
Exchange Rate: 4085


(2010/11/17)

Last Update:

No official information regarding fuel pricing could be found. However, several internet articles (see App. A1, A2) state, that the government regulates prices for liquid fuels.

Fuel subsidies are planned to be aborted, following a contract the government signed with the IMF in 2009. There were pump price increases in 2010, that presumably were the result of lowering the subsidies.

Distribution and retailing of fuels is done by the state-owned „Sierra Leone National Petroleum Company Ltd.“ and other private dealers and retailer companies.

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 official information found.

Several internet articles (see App. A1 and A2) state, that there were fuel subsidies in 2010. In 2009, the government signed a contract with IMF to reduce and finally abort subsidizing fuels. It is unclear, if fuels are still subsidized and, if so, to what extent (as of April 2011).



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
IFPDB matrix background.png
IFPDB matrix point.png
IFPDB trafficlight red.png IFPDB trafficlight explanation.png IFPDB trafficlight red.png



Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.nationalpetroleumsl.com/


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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