The components of the new Price Structure are as follows:

PRICE STRUCTURE wef 14 April 2018 

                         

Mogas

Gas Oil

Reference Price  - US$ per metric ton

664.41

 -

Reference Price  - US$ per barrel

-

78.8100

CIF - US$/litre

0.5336

0.5194

Exchange rate – Rs/US$

34.2000

34.2000

 

                   Rupees per litre

CIF

18.2491

17.7635

Excise duty

14.8000

7.3000

Maurice Ile Durable levy

0.3000

0.3000

Contribution to Road Development Authority

1.8500

1.7500

Contribution to Rodrigues transportation and storage

0.4100

0.4100

Contribution to the construction of storage facilities for petroleum products

0.1000

0.1000

Contribution to subsidy on LPG, Flour and Rice

2.7000

2.7000

STC’s operational expenses

0.3500

0.4000

Adjustment

(1.3927)

(1.1511)

TRANSFER PRICE TO OIL COMPANIES

37.3664

29.5724

Oil Companies’ operational expenses and wholesale margin

1.9300

1.7600

VAT (15%)

6.1696

4.9696

WHOLESALE PRICE

45.4660

36.3020

Retail margin

1.8340

1.7980

RETAIL PRICE (Price at Petrol Service Station)

47.3000

38.1000

 

13 April 2018