Difference between revisions of "Fuel Prices Panama"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=Panama
 
|Fuel Price Country=Panama
|Fuel Pricing Policies="Government sets maximum selling prices for gasoline and diesel every 14 days. The price of LPG sold in 25-pound (11.4-kg) cylinders has been subsidized and frozen since 1992. Government posts on its Web site filling stations that offer lowest gasoline and diesel prices." (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
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|Fuel Pricing Policies="Pricing policy: Government sets maximum selling prices for gasoline and diesel every 14 days. The price of LPG sold in 25-pound (11.4-kg) cylinders has been subsidized and frozen since 1992.  
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Information: Authority for Consumer Protection and Competition, proclaiming “an informed consumer has power,” collects and posts on its Web site gasoline and diesel prices at filling stations every four weeks, highlighting those offering lowest prices."
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(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
 
|Fuel Currency=USD
 
|Fuel Currency=USD
 
|Fuel Price Exchange Rate Date=2010/11/17
 
|Fuel Price Exchange Rate Date=2010/11/17

Revision as of 12:17, 26 March 2013

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

Fuel Pricing Policies

Local Currency: USD
Exchange Rate:


(2010/11/17)

Last Update:

"Pricing policy: Government sets maximum selling prices for gasoline and diesel every 14 days. The price of LPG sold in 25-pound (11.4-kg) cylinders has been subsidized and frozen since 1992.

Information: Authority for Consumer Protection and Competition, proclaiming “an informed consumer has power,” collects and posts on its Web site gasoline and diesel prices at filling stations every four weeks, highlighting those offering lowest prices."

(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*

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



NOTE: in TIMELINE 2010: value per gallon → litre conversion: 3.22/3.79

Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.


GIZ IFP2012 Panama1.png
GIZ IFP2012 Panama2.png


No further information available.


Tax info: http://www.panamalaw.org/panama_taxes.html

At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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IFPDB trafficlight red.png IFPDB trafficlight explanation.png IFPDB trafficlight yellow.png



Sources to the Public

Type of Information Web-Link / Source
Pump prices and margins http://www.energia.gob.pa/admin/gal/14/files//Comportamiento_Diario_del_Mercado_de_Combustibles_-_30_de_marzo_de_2012.pdf


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