Fuel Prices Liberia

From energypedia

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

Fuel Pricing Policies

Local Currency: USD
Exchange Rate:

Last Update:

"Pricing policy: Ministry of Commerce and Industry sets price ceilings for gasoline, diesel, and kerosene. In Apr 2012, government eliminated customs duties on fuels for schools, clinics and hospitals that are deemed by the minister of finance to be inadequately covered by budgetary appropriation or subsidies, as well as Liberia Electricity Corporation, Liberia Broadcasting System, and National Transit Authority.

Information: Ministry of Commerce and Industry announces new wholesale and retail prices of gasoline, diesel, and kerosene on its Web site."

(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

US$ used as local currency for fuel pricing

Fuel Price Composition

Price composition.

GIZ IFP2012 Liberia.png

The latest official information (of 2009) available implies a retail margin of 18 US Cents per gallon (or 4.75 US-Cents per liter). The given values are as shown above (price per gallon).

There is no further information available.

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Only obsolete information is available on the official website. Information on price composition is missing (except for the retail margin).

Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.moci.gov.lr/
Pump prices and margins http://www.moci.gov.lr/content.php?sub=13&related=7&res=13&third=13
Wholesale Prices http://www.moci.gov.lr/content.php?sub=13&related=7&res=13&third=13


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