Difference between revisions of "Fuel Prices El Salvador"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=El Salvador
 
|Fuel Price Country=El Salvador
|Fuel Pricing Policies="Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices.  
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|Fuel Pricing Policies="Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices.
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Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills.
 
Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills.
 
   
 
   

Revision as of 10:18, 22 March 2013

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

Fuel Pricing Policies

Local Currency: USD
Exchange Rate:


(2010/11/17)

Last Update:

"Pricing policy: Ministry of Economy announces maximum LPG prices for four points in the supply chain every month. Legislation passed in May 2011 waived gasoline’s contribution to a stabilization fund (Fondo de Estabilización y Fomento Económico) in the second half of 2011 to lower prices.

Social protection: El Salvador provides cash transfer of US$9.10 a month to the poor and institutions catering to the poor for LPG. Beginning in Aug 2011, the recipients could choose to have subsidies deposited through their electricity bills.

Compensation: Public transport is subsidized in proportion to fuel prices, although fiscal problems have made it difficult to continue the subsidies and the administration of President Funes in 2012 was considering a proposal to cut subsidies by 40%.

Information: Ministry of Economy posts lowest prices in three parts of the country every week as saving tips for consumers."

(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*

* 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 El Salvador1.png
GIZ IFP2012 El Salvador2.png




VAT source http://www.export.gov.il/uploadfiles/06_2011/latinamerica.pdf

At a Glance

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



Sources to the Public

Type of Information Web-Link / Source
Pump prices and margins http://www.minec.gob.sv/index.php?option=com_content&view=article&id=94&Itemid=116


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