Difference between revisions of "Fuel Prices Iraq"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=Iraq
 
|Fuel Price Country=Iraq
 +
|Fuel Pricing Policies="Government initiated administered official price adjustments at the end of 2005. Large differences between black market and official prices remain. Direct budgetary subsidies for imported fuels (except kerosene) were eliminated in 2007. Indirect subsidies for domestic crude/products were reduced from 10.5% of GDP in 2006 to 1.5% in 2009, but remain."
 +
 +
(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
 
|Fuel Currency=IDR
 
|Fuel Currency=IDR
 
|Fuel Price Exchange Rate=1158.7
 
|Fuel Price Exchange Rate=1158.7
 
|Fuel Price Exchange Rate Date=2010/11/17
 
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Graph Annotation=(** Prices from Erbil.)  
+
|Fuel Price Graph Annotation=(** Prices from Erbil.)
 
|Fuel Price Composition Annotation=No information available.
 
|Fuel Price Composition Annotation=No information available.
|Fuel Pricing Policies=Prices in the Kurdistan region are higher than the rest of the country. There are reports of increased smuggling.
 
 
|Fuel Matrix Pricing Mechanism=on
 
|Fuel Matrix Pricing Mechanism=on
 
|Fuel Matrix Price Level=on
 
|Fuel Matrix Price Level=on

Revision as of 12:01, 18 February 2013

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

Fuel Pricing Policies

Local Currency: IDR
Exchange Rate: 1158.7


(2010/11/17)

Last Update:

"Government initiated administered official price adjustments at the end of 2005. Large differences between black market and official prices remain. Direct budgetary subsidies for imported fuels (except kerosene) were eliminated in 2007. Indirect subsidies for domestic crude/products were reduced from 10.5% of GDP in 2006 to 1.5% in 2009, but remain."

(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



(** Prices from Erbil.)

Fuel Price Composition

Price composition.



No information available.



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
No information available. IFPDB trafficlight red.png IFPDB trafficlight explanation.png Unknown.



Sources to the Public

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

"on" is not a number.