Price Structure

Mogas

Gas Oil

Reference Price - US$ per barrel

140.6400

165.6800

CIF - US$/litre

0.9817

1.1195

Exchange rate – Rs/US$

48.1803

48.1803

                     Rupees per litre

CIF

47.2986

53.9378

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

(5.0534)

(5.0174)

TRANSFER PRICE TO OIL COMPANIES

61.9752

62.9504

Oil Companies’ Operational Expenses and Wholesale Margin

2.5900

2.1800

VAT (15%)

10.1348

10.2196

WHOLESALE PRICE

74.7000

75.3500

Retail Margin

3.0000

3.0000

RETAIL PRICE (Price at Petrol Service Station)

77.7000

78.3500