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Fuel Prices Angola

From energypedia
Revision as of 10:27, 18 February 2013 by ***** (***** | *****)

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

Fuel Pricing Policies

Local Currency: AOA
Exchange Rate: 92.042


(2010/11/17)

Last Update:

"Fuel prices are uniform in the country, controlled by government, heavily subsidized, and last changed in Sep 2010, when the prices of gasoline, but no other fuel, were raised. IMF said in Aug 2012 that fuel subsidies in 2011 amounted to 7.8% of GDP (US$7.9 billion), equivalent to more than 90% of public investment spending."(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*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



Fuel Price Composition

Price composition.



No official information available online.

Newspaper articles state that there are fuel subsidies in Angola (which is also obvious from the low prices; → Appendix A1 and A2)



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.mincec.gov.ao/ (Ministério da Coordenacao Económica)


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