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Difference between revisions of "Fuel Prices Ethiopia"
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|Fuel Price Exchange Rate=16.363 | |Fuel Price Exchange Rate=16.363 | ||
|Fuel Price Exchange Rate Date=2010/11/17 | |Fuel Price Exchange Rate Date=2010/11/17 | ||
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|Fuel Price Composition Annotation=According to http://www.mofed.gov.et/Uploaded/document/proclamations/taxsynpsis.pdf , there is a 30% excise tax on fuels. | |Fuel Price Composition Annotation=According to http://www.mofed.gov.et/Uploaded/document/proclamations/taxsynpsis.pdf , there is a 30% excise tax on fuels. | ||
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An online news article (→Appendix A1) states, that prices were revised upwards three times in three month in late 2010. Prices are changed without any prior announcement. Also, this article cites the ministry, saying that those price increases arise from increased global oil prices and the devaluation of the local currency (Ethiopian Birr). It can be assumed, that prices are homogeneous across the country (as prices come without any relation to specific cities or regions). | An online news article (→Appendix A1) states, that prices were revised upwards three times in three month in late 2010. Prices are changed without any prior announcement. Also, this article cites the ministry, saying that those price increases arise from increased global oil prices and the devaluation of the local currency (Ethiopian Birr). It can be assumed, that prices are homogeneous across the country (as prices come without any relation to specific cities or regions). | ||
| + | |Fuel Matrix Pricing Mechanism=2 | ||
|Fuel Matrix Price Level=2 | |Fuel Matrix Price Level=2 | ||
| − | |Fuel Matrix | + | |Fuel Matrix Annotation=No information available on the website of the Ministry of Industry and Trade. |
|Fuel Transparency Price Composition=1 | |Fuel Transparency Price Composition=1 | ||
|Fuel Transparency Pricing Mechanism=1 | |Fuel Transparency Pricing Mechanism=1 | ||
Revision as of 13:24, 11 December 2012
Part of: GIZ International Fuel Price database
Also see: Ethiopia Energy Situation
Fuel Pricing Policies
| Local Currency: | ETB |
| Exchange Rate: | 16.363
|
| Last Update: |
The Ministry of Industry and Trade regulates fuel prices in Ethiopia. There is no official information available on their internet website.
An online news article (→Appendix A1) states, that prices were revised upwards three times in three month in late 2010. Prices are changed without any prior announcement. Also, this article cites the ministry, saying that those price increases arise from increased global oil prices and the devaluation of the local currency (Ethiopian Birr). It can be assumed, that prices are homogeneous across the country (as prices come without any relation to specific cities or regions).
Fuel Prices and Trends
| Gasoline 95 Octane | Diesel | |
|---|---|---|
| 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.
According to http://www.mofed.gov.et/Uploaded/document/proclamations/taxsynpsis.pdf , there is a 30% excise tax on fuels.
No further information available.
At a Glance
| Regulation-Price-Matrix |
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No information available on the website of the Ministry of Industry and Trade.
Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.ethiopia.gov.et/English/MOTI/Pages/Home.aspx |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
