Fuel Prices Bhutan

From energypedia

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

Fuel Pricing Policies

Local Currency: BTN
Exchange Rate: 45.265


Last Update: 2011/05/01

Most fuel is imported from India and local pump prices in Bhutan are directly linked to the India import price. A change in the Indian fuel price level usually induces the same changes in Bhutan with a delay of a couple of days (see →App. A3).

Fuel imports and the downstream fuel market in Bhutan are supervised by the Department of Trade (http://www.trade.gov.bt/). However, no information regarding fuel prices is available on their website as of May 2011.

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 sources (→App. A1, http://www.bhutan.gov.bt/government/newsDetail.php?id=1786%20&%20cat=12), a 5% „Bhutan sales tax“ (VAT-eqiv.) is levied on fuels. Transportation charges of Nu 3.18 a kilolitre for every round trip kilometre in hilly areas and Nu 2.46 a kilolitre for a round trip kilometre in plain areas are included in the price.

Since most fuels are imported from India, pump prices in Bhutan differ by the transportation costs reflecting the distance to the Indian border (see →App.A3).



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.businessbhutan.bt/?cat=46&paged=2 (A2)
Other Information http://www.businessbhutan.bt/?p=2152 (A3)
Other Information http://www.trade.gov.bt/
Other Information http://www.mediawitty.com/test/NewsDetail.aspx?group_id=43&folder_id=47&id=8615&Page_Title=Rising_petrol_prices_cause_unease (A1)


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