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Revision as of 10:34, 4 December 2012

Part of: GIZ International Fuel Price database


Fuel Pricing Policies

Local Currency: BOB
Exchange Rate: 6.88


(2010/11/17)

Last Update:

Bolivia is net-importer of fossil fuels from Venezuela and Argentina

Fuels are sold subsidized

Prices are heavily regulated

Price gaps to neighbouring countries enforces smuggling

Low revenue for oil producers (27 USD per barrel) leads to underinvestment

Agencies:

Ministry of Energy and Mines (MEM) and the Ministry of Finance: Publishes on its web site the variations in average prices to the public of oil products.

Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf

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 as of GIZ_IFP2012_Bolivia2.png.


GIZ IFP2012 Bolivia1.png


Source: example to estimate %-values for each component

http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf pages 15-18

http://www.tmf-vat.com/international-vat-rates-2010/94-bolivia-vat-rate.html



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.bolivia-industry.com (National Chamber of Industry)
Other Information http://www.bcb.gov.bo/ (Central Bank of Bolivia)
Other Information http://www.cbli.org.bo (Bolivian Chamber of Hydrocarbons)
Pump prices and margins http://www.hidrocarburos.gob.bo/MHE2012/


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