Fuel Prices Norway

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

Fuel Pricing Policies

Local Currency: NOK
Exchange Rate: 6.005


Last Update:

The downstream sector of fuels is liberal and open in Norway. Norway has one of the highest fuel taxations worldwide, while the price excl. taxes is among the lowest. The large oil companies (Statoil, Shell,...) dig and refine crude oil and sell oil products as retailers as well.

The Norwegian Ministry of Finance publishes details on taxes, including fuel taxes.

The Norwegian Ministry of Petroleum and Energy publishes information regarding the oil industry, however, not on the downstream sector.

No official information regarding actual pump prices was found online. However, some oil companies, as Statoil, publish their retail prices online (http://www.statoil.no/).

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 2010/05/02.

GIZ IFP2012 Norway.png

For an assumed pump price of 14,73 NOK (=Statoil retail price, http://www.statoil.no →App.5; 1 USD=5,26 NOK)

Taxes sum up to 57,6% of pump price.VAT of 25% is imposed on the sum of all other components; thus, there is a tax on taxes also included.

„Processing+Margins“ includes refining, transport, storage, maintenance, service station costs, revenues, ...

Sources: Norwegian Ministry of Finance (http://www.regjeringen.no/en/dep/fin/); own survey values.

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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An official source for fuel price monitoring is missing. No indicative fuel prices are published.

Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.statoil.no/
Other Information http://www.regjeringen.no/en/dep/oed/Subject/Oil-and-Gas.html?id=1003
Price Composition http://www.regjeringen.no/en/dep/fin/Selected-topics/taxes-and-duties/green-taxes-2011.html?id=609076


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