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Saturday, August 1, 2020 | History

1 edition of Pricing petroleum products in Ghana-- the automatic formula found in the catalog.

Pricing petroleum products in Ghana-- the automatic formula

Pricing petroleum products in Ghana-- the automatic formula

  • 120 Want to read
  • 32 Currently reading

Published by Centre for Policy Analysis in Accra .
Written in English

    Places:
  • Ghana.
    • Subjects:
    • Petroleum products -- Prices -- Ghana.

    • Edition Notes

      Other titlesAutomatic petroleum product pricing formula
      StatementCEPA, Centre for Policy Analysis.
      SeriesSelected economic issues ;, no. 5
      ContributionsCentre for Policy Analysis (Accra, Ghana)
      Classifications
      LC ClassificationsHC1060.A1 S45 no. 5
      The Physical Object
      Pagination17 p. ;
      Number of Pages17
      ID Numbers
      Open LibraryOL3739202M
      ISBN 109988800711
      LC Control Number2003408584

      PETROLEUM REFINING AND THE PROD UCTION OF ULSG AND ULSD OCTO Page 3 3. CRUDE OIL AT A GLANCE Refineries exist to convert crude oil into finished petroleum products. Hence, to understand the fundamentals of petroleum refining, one must begin with crude oil. The Chemical Constituents of Crude OilFile Size: KB. The PPPRA products pricing template (Daily & Monthly) is a pricing information sheet detailing the components used in deriving the PPPRA daily/monthly guiding products prices. It employs Import Parity Principle and this includes; (i) Landing Cost of Products (ii) Margins for the Marketers, Dealers, and Transporters (iii) Jetty-Depot Through-put.

        Petroleum product prices except kerosene and LPG are not regulated by Gpovernment of India. For natural gas from KG basin, there is a formula for working out the price of gas to be charged by RIL, which is bench-marked to Crude prices. some small. Prices of Petroleum Products U.S. Energy Informa on Administra on | Petroleum Marke ng Monthly. Table Refi ner motor gasoline prices by grade, sales type, PAD District, and state dollars per gallon excluding taxes Geographic area month Regular Midgrade Premium All grades Sales to .

      A brief background note on petroleum product pricing in India and recommendations of various earlier pricing committees is contained in Annexure 2 of the Report of the Expert Group to Advise on Pricing Methodology of Regulated Petroleum Products which submitted its report in October Contributed by. Rosemary K. Abraham, IES(). According to Suleiman , consumption of petroleum products in Indonesia has grown significantly and as a result, by , Indonesia had become a net-importer of both crude oil and refined products. Demand for Petroleum Products in Ghana. The Ghanaian economy depends solely on import for its petroleum needs.


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Pricing petroleum products in Ghana-- the automatic formula Download PDF EPUB FB2

Automatic petroleum pricing formula for cost recovery, remains to be achieved to date. 2 Section 2 of the of Nation al Petroleum Authority Act, Act See. This paper reviews Ghana’s recent experience on downstream petroleum products pricing and deregulation and looks at its implications for the nation’s energy security.

The Government of Ghana in June put in place a deregulation policy that had the expectation of allowing marketers and importers of petroleum products to set directly Author: Theophilus Acheampong, Ishmael Ackah. A petroleum pricing formula that will seek to regulate the pricing of petroleum products in the country was launched by the Ghana Chamber of Bulk Oil Distributions (CBOD) in Accra Wednesday.

Petroleum Product Pricing, Deregulation and Subsidies in Ghana: This paper reviews Ghanas recent experience on downstream petroleum products pricing and deregulation and looks at its implications for the nations energy security.

The Government of Ghana in automatic petroleum pricing formula for cost recovery, remains to be implemented Author: Theophilus Acheampong, Ishmael Ackah. 6 Petroleum pricing in India: balancing efficiency and equity Trade in Petroleum Products Supported by increasing refining capacity in the country, in /02 India became a net exporter of petroleum products for the first time (Figure 5).

In /05, the country exported MT of petro-leum products against an import of MT. There has File Size: 1MB. course in reforming pricing of petroleum products.

End-user prices in July varied by two orders of magnitude across the countries. More than two-fifths, including some that had only recently adopted automatic pricing mechanisms, froze the prices of gasoline, diesel, or both for months or even years on end during the study Size: 1MB.

used to ensure the purity and quality of petroleum products in Ghana. Prescribed petroleum pricing formula (1) The computation of the prescribed petroleum pricing formula is File Size: 3MB. 3 the Petroleum Products Pricing Act of which vests the regulation of the prices on a Board.

Section 3 (1) of the Act provides as follows:File Size: KB. parity price of domestically produced petroleum products (assuming that petroleum products are produced domestically).

In both cases, the pass-through is defined as the ratio of absolute changes since December in the retail price of fuel and the local currency price of the relevant fuel import product. formula pricing as a tactic to minimize risk in place of outright sale at a negotiated price.

There are four basic components of any netback deal: yield of the finished products from refining the crude in question, product prices, timing, processing fees, and transportation cost. YIELD The yield is the portion of each refined product that, when File Size: KB. Petroleum Products Pricing Regulations.

N.S. Reg. / Petroleum Products Pricing Act. Note: The information in these tables does not form part of the regulations and is compiled by the Office of the Registrar of Regulations for reference only. Gasoline prices per liter, octane We show prices for Ghana from Jan to May The average value for Ghana during that period was Ghanaian cedi with a minimum of Ghanaian cedi on May and a maximum of Ghanaian cedi on Feb For comparison, the average price of gasoline in the world for this period is Ghanaian cedi.

Implementing an automatic pricing mechanism requires agreement on the appropriate level of taxes and distribution margins, as well as on how import price fluctuations are passed-through to retail prices.

This involves a number of steps: • The specification of a fuel product price. This study aimed at examining how political economy factors influence the pricing of petroleum products in Ghana. The research intended to find out the powers and interests of the actors in determining the prices of petroleum products, the processes involved in implementing the prices of fuel and the implications of petroleum price deregulation on the Ghanaian by: 1.

A close review of the latest pricing template of the petroleum products regulatory agency based on average Platts’ data for Decem showed the landing cost of $ per metric ton of. You couldn't ask for a better book about The Price of Oil. Be forewarned that this is a research-heavy book about the history of oil prices, the many factors that affect the price of oil, and predictions for the future (up to the year ) for the price of by: Subsidy: (i) The difference between the ex-depot prices and the issue price as of March level is given as subsidy for respective per the subsidy scheme, the subsidy is to be phased out in years.

The weighted average subsidy worked out on import parity basis as of March rates was fixed for the year at Rs per litre. As a first step towards the full implementation of the National Petroleum Authority's (NPA) petroleum product price deregulation, all Oil Marketing Companies (OMCs), from Junewere.

The increase in the prices of petroleum products, according to the NPA, is aimed at achieving full price deregulation of petroleum downstream sector. But Dr. Charles Wereko-Brobby, Chief Policy Analyst of the Ghana Institute for Public Policy Options (GIPPO), questioned the legitimacy of the NPA’s decision to allow Bulk Oil Distribution.

Automatic Pricing for Invoice Verification is important to set: MM Specific Settings net to be set:In the purchase order, select the item and choose Item the GR/IR area of the screen, select GR-based IV (goods receipt-based invoice verification).; In Customizing for the Industry Solution Oil & Gas (Downstream), we define the rules for copying data from the goods receipt document to Author: Former Member.

Petroleum Price Regulation gave way to Price Deregulation (Automatic Petroleum Product Pricing Formula-APPPF) in mid-June Although there were extensive debates about the merits and demerits.Values shown for the previous month may be revised to account for late submissions and corrections and are considered final.

Annual averages will be available in the April Petroleum Marketing Monthly. See Definitions, Sources, and Notes link above for more information on this table.

Release Date: 5/1/ Next Release Date: 6/1/This notion has influenced all pricing regimes for petroleum products and hence causing fluctuations in the pricing of petroleum products.

Ghana suffers in decision making due to political crises and at a deficit in the balance of trade account which tends to weaken its currency. Inthe average price for Gasoline was about GH¢ per Author: Benjamin Odoi.