Fuel Prices Senegal - Revision history

Ranisha at 13:00, 23 September 2014

2014-09-23T13:00:20Z

Armin Wagner at 12:43, 26 March 2013

2013-03-26T12:43:11Z

Armin Wagner at 15:32, 13 February 2013

2013-02-13T15:32:21Z

Tai Becker: Protected "Fuel Prices Senegal" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:56:26Z

Protected "Fuel Prices Senegal" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: 1 revision

2012-12-02T17:34:16Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:53:05Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=Senegal
|Fuel Currency=FCFA
|Fuel Price Exchange Rate=472.9
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
|Fuel Price Composition Date=
|Fuel Price Composition Annotation=According to an internet article (App. A1), there is a VAT on fuels in Senegal. No official information could be found.
|Fuel Pricing Policies=The «Comité national des hydrocarbures» (CNH) regulates fuel prices in Senegal. Their internet website appears to be offline as of April 2011.

According to an internet article (App. A1), the Senegalese government freezed fuel prices in March 2011. Facing rising import costs, this implicated lower VAT revenues.
|Fuel Matrix Price Level=3.5
|Fuel Matrix Pricing Mechanism=2
|Fuel Matrix Annotation=CNH website appears to be offline as of April 2011.
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.sie-energie.gouv.sn/spip.php?article5
}}

← Older revision		Revision as of 13:00, 23 September 2014
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	\|Fuel Price Factsheet Source Link=http://www.sie-energie.gouv.sn/spip.php?article5		\|Fuel Price Factsheet Source Link=http://www.sie-energie.gouv.sn/spip.php?article5
	}}		}}
		+
		+	[[Category:Senegal]]

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 {{Fuel Price Factsheet
 |Fuel Price Country=Senegal
-|Fuel Pricing Policies=The «Comité national des hydrocarbures» (CNH) regulates fuel prices in Senegal. Their internet website appears to be offline as of April 2011.
+|Fuel Pricing Policies=“Pricing policy: The National Committee for Hydrocarbons regulates prices based on an import-parity formula and reviews them every four weeks. Fuel price subsidies have incurred budgetary expenditures every year except 2010. For decades, government heavily subsidized LPG for household use. Today, the unit prices of LPG sold in 2.7-, 6-, and 9-kg cylinders are still slightly lower than those for LPG sold in larger cylinders; the price differences used to be much larger in the past. In deregulated markets, unit prices should decrease with cylinder size on account of large economies of scale in storing, bottling, and transporting LPG. There is no specific tax on kerosene, leading to a large price difference between kerosene and diesel. Government in Feb 2012 decided to reduce fuel taxes at an estimated cost of CFAF35 billion (0.5% of GDP).
-According to an internet article (App. A1), the Senegalese government freezed fuel prices in March 2011. Facing rising import costs, this implicated lower VAT revenues.
+Consequences of subsidies: The subsidies to the refinery and for LPG in 2009 are estimated to have amounted to US$70 million. The inability to reimburse the refinery resulted in closure of the refinery for a while, causing serious fuel shortages.”
-"The National Committee for Hydrocarbons regulates prices based on an import-parity formula and reviews them every four weeks. Fuel price subsidies have incurred budgetary expenditures every year except 2010. There is no specific tax on kerosene, leading to a large price difference between kerosene and diesel. Government in Feb 2012 decided to reduce fuel taxes at an estimated cost of CFAF35 billion (0.5% of GDP)." (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
+(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
 |Fuel Currency=FCFA
 |Fuel Price Exchange Rate=472.9