Price Structure

Mogas

Gas Oil

Reference Price - US$ per Metric Ton

1,032.8000

 -

Reference Price - US$ per barrel

-

142.8500

CIF - US$/litre

0.8115

0.9355

Exchange rate – Rs/US$

47.7993

47.7993

                     Rupees per litre

CIF

38.7891

44.7162

Excise duty

9.8700

4.2200

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

0.0500

0.0500

Contribution to Subsidy on LPG, Flour and Rice

7.2000

7.2000

STC’s Operational Expenses

0.3500

0.4000

Adjustment

(2.6743)

(1.9697)

TRANSFER PRICE TO OIL COMPANIES

55.8448

56.7765

Oil Companies’ Operational Expenses and Wholesale Margin

2.5900

2.1800

VAT (15%)

9.2152

9.2935

WHOLESALE PRICE

67.6500

68.2500

Retail Margin

3.0000

3.0000

RETAIL PRICE (Price at Petrol Service Station)

70.6500

71.2500