Price Structure

Mogas

Gas Oil

Reference Price - US$ per Metric Ton

946.3900

 -

Reference Price - US$ per barrel

-

173.3400

CIF - US$/litre

0.7467

1.1273

Exchange rate – Rs/US$

46.9393

46.9393

                     Rupees per litre

CIF

35.0496

52.9147

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

Fund (from)/to Price Stabilisation Account

(9.5435)

-

Adjustment

-

(15.7769)

TRANSFER PRICE TO OIL COMPANIES

45.2361

51.1678

Oil Companies’ Operational Expenses and Wholesale Margin

2.5900

2.1800

VAT (15%)

7.6239

8.4522

WHOLESALE PRICE

55.4500

61.8000

Retail Margin

3.0000

3.0000

RETAIL PRICE (Price at Petrol Service Station)

58.4500

64.8000