Fuel Prices Chile

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

Fuel Pricing Policies

Local Currency: CLP
Exchange Rate: 477.61


(2010/11/17)

Last Update: 2222/11/14

Until 2010: Fuel Price Stabilisation Fund (FEPCO)

2011: Fuel Price Protection System (SIPCO): new mechanism designed to mitigate the impact of fluctuations in international prices on domestic fuel prices: fuel tax is temporarily reduced when local petrol or diesel prices rise more than 12.5% above a reference price and, inversely, increases when they drop more than 12.5% below this level http://www2.britcham.cl/wp-content/uploads/2011/04/19-04-2011.pdf page 8.

Discussion on Tax and Stabilization Fund: http://ipsnews.net/news.asp?idnews=46033

Full pass through to fuel prices (besides oil stabilization fund)

Public transportation and electric power follow index formulae: http://www.bcentral.cl/politicas/presentaciones/ejecutivos/pdf/2006/rvp15092006.pdf

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 for one litre of Gasoline 95 Octane as of 2011/11/1.


GIZ IFP2012 Chile1.png
GIZ IFP2012 Chile2.png


Source: http://ipsnews.net/news.asp?idnews=46033



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.imf.org/external/pubs/ft/wp/2011/wp11168.pdf
Other Information http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf
Other Information http://www.cne.cl (National Energy Commission)
Other Information http://www.enap.cl (National Petroleum Company, (ENAP))
Other Information http://www.ine.cl (National Institute of Statistics, (INE))
Other Information http://www.sii.cl (Internal Revenue Service)
Pricing Mechanism http://www.cne.cl/
Pump prices and margins http://www.bencinaenlinea.cl/web2/


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