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Fuel Prices Ethiopia

From energypedia
Revision as of 16:43, 14 November 2012 by ***** (***** | *****) (Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date")
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Part of: GIZ International Fuel Price database
Also see: Ethiopia Energy Situation

Fuel Pricing Policies

Local Currency: ETB
Exchange Rate: 16.363


(2010/11/17)

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*

in Local Currency

* 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
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.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

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de