Difference between revisions of "Fuel Prices Cote d'Ivoire"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=Ivory Coast
 
|Fuel Price Country=Ivory Coast
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|Fuel Pricing Policies=No official information regarding fuel prices could be found on the governments web pages. The “Ministere des Mines et de l’Energie” appears to be responsible for the regulation and supervision of the fuel market. However, no information could be found on their web page, as the “Hydrocarbure” section appears to be offline.
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|Fuel Pricing Policies="Pricing policy: Fuel prices are subject to ceilings, uniform throughout the country for gasoline, diesel, and kerosene. LPG prices have been frozen since 2008, and other fuel prices since April 2010. LPG prices set by the government are meant to be maximum prices, but often they represent minimum prices on the market. Ministry of Commerce posts minimum and maximum prices of essential food and other items, including, gasoline, kerosene, diesel, and LPG, by location several times a month. For LPG, the government price is the minimum observed on the market, and actual prices have been up to 39% higher.
  
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An internet article (→Annex A1) states, that there exists an automatic fuel price formula, which was installed on recommendation of the World Bank.
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Protests: In Mar 2008, sharp increases in food and fuel prices sparked riots, injuring more than a dozen people."
  
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According to several articles, prices seem to change a couple of times each year.
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(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
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In April of 2010, a strike of mainly taxi and bus drivers forced the government to reduce the price of Diesel. This reduction was probably not compliant with the pricing formula. However, the price for gasoline remained unchanged, as the majority of the striking interest groups uses diesel only (→Annex A2).
 
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Fuel prices are subject to ceilings, uniform throughout the country for gasoline, diesel, and kerosene. In Mar 2008, sharp increases in food and fuel prices sparked riots, injuring more than a dozen people. LPG prices have been frozen since 2008, and other fuel prices since April 2010. LPG prices set by the government are meant to be maximum prices, but often they represent minimum prices on the market. The Ministry of Commerce posts minimum and maximum prices of essential food and other items, including, gasoline, kerosene, diesel, and LPG, by location several times a month. For LPG, the government price is the minimum observed on the market, and actual prices have been up to 39% higher. (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
 
 
|Fuel Currency=FCFA
 
|Fuel Currency=FCFA
 
|Fuel Price Exchange Rate=472.9
 
|Fuel Price Exchange Rate=472.9
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|Fuel Transparency Price Composition=1
 
|Fuel Transparency Price Composition=1
 
|Fuel Transparency Pricing Mechanism=1
 
|Fuel Transparency Pricing Mechanism=1
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}}
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}} {{Fuel Price Factsheet Source
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{{Fuel Price Factsheet Source
 
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Link=http://www.energie.gouv.ci/
 
|Fuel Price Factsheet Source Link=http://www.energie.gouv.ci/
 
|Fuel Price Factsheet Source Annotation=Ministry of Mines and Energy
 
|Fuel Price Factsheet Source Annotation=Ministry of Mines and Energy
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}}
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}} {{Fuel Price Factsheet Source
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{{Fuel Price Factsheet Source
 
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Link=http://fr.allafrica.com/stories/200907080306.html
 
|Fuel Price Factsheet Source Link=http://fr.allafrica.com/stories/200907080306.html
 
|Fuel Price Factsheet Source Annotation=Annex A1
 
|Fuel Price Factsheet Source Annotation=Annex A1
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}}
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}} {{Fuel Price Factsheet Source}} {{Fuel Price Factsheet Source}} {{Fuel Price Factsheet Source}}
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{{Fuel Price Factsheet Source}}
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{{Fuel Price Factsheet Source}}
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[[Category:Ivory_Coast]]
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{{Fuel Price Factsheet Source}}
 

Latest revision as of 15:13, 10 July 2018

Part of: GIZ International Fuel Price database


Fuel Pricing Policies

Local Currency: FCFA
Exchange Rate: 472.9


(2010/11/17)

Last Update:

"Pricing policy: Fuel prices are subject to ceilings, uniform throughout the country for gasoline, diesel, and kerosene. LPG prices have been frozen since 2008, and other fuel prices since April 2010. LPG prices set by the government are meant to be maximum prices, but often they represent minimum prices on the market. Ministry of Commerce posts minimum and maximum prices of essential food and other items, including, gasoline, kerosene, diesel, and LPG, by location several times a month. For LPG, the government price is the minimum observed on the market, and actual prices have been up to 39% higher.

Protests: In Mar 2008, sharp increases in food and fuel prices sparked riots, injuring more than a dozen people."

(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

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
IFPDB matrix background.png
IFPDB matrix point.png
 IFPDB trafficlight red.png IFPDB trafficlight explanation.png IFPDB trafficlight red.png


No information regarding fuel prices could be found on the ministries/governments website.


Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.energie.gouv.ci/ (Ministry of Mines and Energy)
Other Information http://fr.allafrica.com/stories/200907080306.html (Annex A1)


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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