Fuel Prices Macedonia

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

Fuel Pricing Policies

Local Currency: MKD
Exchange Rate: 44.87


(2010/11/17)

Last Update:

The „Регулаторна комисија за енергетика на Република Македонија“ (Regulatory Commission of the Republic of Macedonia) regulates fuel prices in Macedonia (see →http://www.erc.org.mk/). Maximum refinery and retailers prices are published together with detailed information on the price composition. The website also offers legislative documents and annual reports.

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 for one litre of Gasoline 95 Octane as of 2011/04/15.


GIZ IFP2012 Macedonia1.png
GIZ IFP2012 Macedonia2.png


Source: http://www.erc.org.mk/ (→A2)

Margins are the highest for „Group 1“ (3,2 Denar, shown in the diagram). For this group, the maximum retailers price for gasoline is set to 75 Denar (own calculation results in 74,84 Denar, see above).



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 yellow.png IFPDB trafficlight explanation.png IFPDB trafficlight yellow.png


The ERC website could improve on clarity and structure. Statistics containing historic fuel prices are missing.


Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.erc.org.mk/ (A1)
Price Composition http://www.erc.org.mk/
Pump prices and margins http://www.erc.org.mk/ (No historic/statistical data found)


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