Fuel Prices Mozambique - Revision history

Ranisha at 16:06, 15 July 2014

2014-07-15T16:06:51Z

Armin Wagner at 10:49, 26 March 2013

2013-03-26T10:49:12Z

Armin Wagner at 08:54, 21 February 2013

2013-02-21T08:54:15Z

Tai Becker at 14:37, 11 December 2012

2012-12-11T14:37:11Z

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

2012-12-04T10:48:58Z

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

Ingmar Schlecht: 1 revision

2012-12-02T17:35:24Z

1 revision

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

2012-11-14T16:50:38Z

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

New page

{{Fuel Price Factsheet
|Fuel Price Country=Mozambique
|Fuel Currency=MZN
|Fuel Price Exchange Rate=36.00
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
|Fuel Price Composition Date=
|Fuel Price Composition Annotation=New currency since 2006.

No information available.
|Fuel Pricing Policies=No official information could be found online.

According to an internet article (App. A1), the Ministry of Energy of Mozambique regulates fuel prices. According to the article, fuel prices are set for the coastal cities. Oil companies may increase this price by the transportation costs for inland cities.
|Fuel Matrix Price Level=2
|Fuel Matrix Pricing Mechanism=2
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Mozambique
-|Fuel Pricing Policies="Government used to adjust fuel prices every month according to a market-based formula. In response to the food and fuel price shock in 2008, government introduced an urban transportation subsidy in Feb and suspended fuel-related taxes until Jul 2009. Government froze fuel prices in Apr 2009 and asked fuel importers to sell below market prices. In Mar 2010, government began raising fuel prices gradually. The prices of petroleum products other than diesel were increased by more than 70% and reached market levels by Aug 2010; diesel prices were raised by 38% to May 2010 and then not raised further, incurring losses. In Feb 2010, an agreement between government and fuel importers to settle outstanding claims for 2008–09 came into effect. Government also paid compensation for below-market fuel prices in 2010 until end-May. Government in Dec 2010 paid importers fully for the losses incurred in that year by charging other petroleum products more to cross-subsidize diesel. Government increased gasoline and diesel prices by 10% in Apr 2011 and 8% in Jul 2011, but has not adjusted fuel prices since. In Feb–Apr and Aug–Sep 2012, world fuel prices rose above the Jul 2011 levels, again leading to losses.
+|Fuel Pricing Policies="Pricing policy: A 2006 decree provides for government control of prices of gasoline, diesel, kerosene, and LPG. Petroleum product prices are reviewed every month and maximum retail prices in cities with terminals are published. For other areas, transport costs are added. Energy and finance ministers handle fuel prices as long as price changes are smaller than 20%; if changes are larger, Council of Ministers is responsible for determining prices. Government used to adjust fuel prices every month according to a market-based formula. VAT and fuel tax are not levied on kerosene. The diesel fuel tax is halved for agriculture, fisheries, and power generation. In response to the food and fuel price shock of 2008, government introduced an urban transportation subsidy in Feb and suspended fuel-related taxes until Jul 2009. Government froze fuel prices in Apr 2009 and asked fuel importers to sell below market prices. In Mar 2010, government began raising fuel prices gradually. The prices of petroleum products other than diesel were increased by more than 70% and reached market levels by Aug 2010; diesel prices were raised by 38% to May 2010 but not raised further, incurring losses. In Feb 2010, an agreement between government and fuel importers to settle outstanding claims for 2008–09 came into effect. Government also paid compensation for below-market fuel prices in 2010 until end-May. Government in Dec 2010 paid importers fully for the losses incurred in that year by charging other petroleum products more to cross-subsidize diesel. Government increased gasoline and diesel prices by 10% in Apr 2011 and 8% in Jul 2011, but has not adjusted fuel prices since. Government had hoped to phase out fuel subsidies by the end of 2010, but the events in the Middle East and North Africa were considered extraordinary and government extended the phase-out date. In Feb–Apr and Aug–Sep 2012, world fuel prices rose above the Jul 2011 levels, again leading to losses. In Oct 2012, government completed payments to importers for fuel subsidies incurred in 2011.
-Government in Mar 2011 announced a subsidy program targeting 1.8 million poor people in 11 provincial capitals that would include bus passes for workers, students, and the elderly."
+Consequences of subsidies: Compensation paid by government, including arrears.
 (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Mozambique
 |Fuel Currency=MZN
 |Fuel Price Exchange Rate=36.00
@@ Line 6: / Line 10: @@
 |Fuel Price Graph Annotation=New currency since 2006.
 |Fuel Price Composition Annotation=No information available.
 |Fuel Matrix Pricing Mechanism=2
 |Fuel Matrix Price Level=2

@@ Line 4: / Line 4: @@
 |Fuel Price Exchange Rate=36.00
 |Fuel Price Exchange Rate Date=2010/11/17
-|Fuel Price Last Updated=
+|Fuel Price Graph Annotation=New currency since 2006.
-|Fuel Price Composition Date=
+|Fuel Price Composition Annotation=No information available.
 |Fuel Pricing Policies=No official information could be found online.
 According to an internet article (App. A1), the Ministry of Energy of Mozambique regulates fuel prices. According to the article, fuel prices are set for the coastal cities. Oil companies may increase this price by the transportation costs for inland cities.
 |Fuel Matrix Price Level=2
 |Fuel Transparency Price Composition=1
 |Fuel Transparency Pricing Mechanism=1
 }}