Price Structure

Mogas

Gas Oil

Reference Price - US$ per Metric Ton

973.3900

 -

Reference Price - US$ per barrel

-

186.6100

CIF - US$/litre

0.7670

1.2108

Exchange rate – Rs/US$

46.7014

46.7014

                     Rupees per litre

CIF

35.8200

56.5461

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

(5.2704)

(13.7996)

TRANSFER PRICE TO OIL COMPANIES

50.2796

56.7765

Oil Companies’ Operational Expenses and Wholesale Margin

2.5900

2.1800

VAT (15%)

8.3804

9.2935

WHOLESALE PRICE

61.2500

68.2500

Retail Margin

3.0000

3.0000

RETAIL PRICE (Price at Petrol Service Station)

64.2500

71.2500