Fuel Prices Burundi

From energypedia

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

Fuel Pricing Policies

Local Currency: BIF
Exchange Rate: 1210.13


(2010/11/17)

Last Update:

The Ministry of Trade, Industry and Tourism is responsible for setting fuel prices.

On the ministries website, however, no information about fuel prices and fuel pricing mechanisms could be found.

An internet article (→App. A1) states, that there are fuel subsidies in Burundi. Due to this article (date is missing, probably from 2009), the subsidy for diesel or gasoline was approx. 800 BIF (32% of long price). However, it is unclear if or to which extent fuel is still subsidized (as of Dec. 2010).

Another internet article (→App. A3) states, that in mid-October 2010 the first price increase in 2010 took place. It can be assumed, that prices are only changed a couple of times a year. (It also can be derived, that the ministry does publish press statements concerning these issues; however, none could be found on the internet.)

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.



No information available.



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.africanmanager.com/site_eng/detail_article.php?art_id=13842 (A1)
Other Information http://www.afriquejet.com/news/africa-news/burundi-increases-taxes,-fuel-rices-2010101958628.html (A2)
Other Information http://www.commerceetindustrie.gov.bi/ (Ministry of Trade, Industry and Tourism)


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