Fuel Prices Burkina Faso

From energypedia

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

Fuel Pricing Policies

Local Currency: XOF
Exchange Rate: 472.9


Last Update:

SONABHY (Société Nationale Burkinabé des Hudrocarbures) is the national oil company, responsible for importing fuels and distributing them to regional depots. SONABHY, however, is not responsible for setting fuel prices.

Fuel prices are determined by an interdepartmental committee including a representative of SONABHY. Prices are set on a monthly basis. Fuel prices differ across the country due to transportation costs (which makes fuels a bit more expensive in the provinces).

In 2008, when import prices soared remarkably, fuel prices were frozen to make fuels affordable for the public. However, usually subsidies are being avoided. There were no fuel subsidies in 2010 (as of 2010-12-13).

Pricing mechanism and composition are documented transparently in general. However, the SONABHY website was offline when this text was written (2010-12-13).

Mixture for two-stroke-engines was removed from the range of products. SONABHY stated, that providing mixture is difficult to manage in practice.

(Source: internet news article, →Appendix A1, A2)

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 91 Octane as of 2010/05/20  in Ouagadougou.


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GIZ IFP2012 Burkina Faso2.png




Source: SONABHY (Source not available online as of 2010-12-13! →Appendix A1)

  • Transport costs differ for other cities.
  • Petrol Tax is only FCFA 50 per litre for diesel.
  • No subsidies.

At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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SONABHY website offline as of 2010-12-13


Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.sonabhy.bf/ (URL outdated?)
Other Information http://www.lefaso.net/spip.php?article34767&rubrique4&usg=AFQjCNFAmLRxWNyS0yWUn38F0EY7fhl_qw (A1, A2)


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