Difference between revisions of "Fuel Prices Congo, Democratic Republic Of"
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Revision as of 17:34, 2 December 2012
Part of: GIZ International Fuel Price database
Also see: Congo (Democratic Republic) Energy Situation
Fuel Pricing Policies
| Local Currency: | CDF |
| Exchange Rate: | 896
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| Last Update: |
The government / the ministry of finances sets fixed fuel pump prices.
According to →Appendix A1b, the government was urged by IMF to stop subsidizing fuels. This resulted in a notable price increase in mid-November 2010. The real cost of gasoline were estimated to be at CDF 1200 / liter while the pump price was adjusted from CDF 970 to CDF 1150. According to →App. A1b, the subsidies of fuels from October 2009 until October 2010 summed up to 17 million US$.
The price increase came to the public as a total surprise. The responsible minister gave a statement not before three days later (→App. A1, A1b).
No official information concerning fuel pricing could be found online.
Fuel Prices and Trends
| Gasoline 95 Octane | Diesel | |
|---|---|---|
| in USD* |
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| in Local Currency |
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
Fuel Price Composition
Price composition.
According to →Appendix A1b, subsidies on fuels were reduced / cancelled in late 2010, leading to a notable increase in fuel prices (~ 20%).
No further information available.
At a Glance
| Regulation-Price-Matrix |
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No official information concerning fuel prices could be found on the ministries websites.
Sources to the Public
| Type of Information | Web-Link / Source |
|---|---|
| Other Information | http://www.minfinrdc.cd/ (Ministère des Finances) |
| Other Information | http://www.afriqueredaction.com/article-kinshasa-les-prix-du-carburant-revus-a-la-hausse-60526074.html (A1) |
| Other Information | http://www.afriqueredaction.com/article-appuis-budgetaires-2011---carburant-le-gouvernement-plie-sous-la-pression-du-fmi-60613288.html (A1b) |
| Other Information | http://www.souslemanguier.com/nouvelles/news.asp?id=19&pays=148&idnews=28302 (A2) |
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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