SESSION 2 REGIONAL FUEL PRICING TRANSPARENCY IN FUEL

SESSION 2: REGIONAL FUEL PRICING TRANSPARENCY IN FUEL PRICING FOR ALL – DEVELOPING CAPACITY BUILDING APPROACH FOR NATIONAL ENERGY OFFICES AND REGULATORS. 10 -14 SEPTEMBER 2018

OUTLINE Focus for this presentation – Regional Fuel Price Monitor - Summary of 14 PIC - Fuel Quality - Factors affect Fuel & LPG Prices - Pacific Fuel Price Monitor

Pacific Islands Cook Islands Act Yes National Fuel Price Supply Control Contract Act No Yes No Federated States of Micronesia Planning and Coordination Petroleum Supplier o TRIAD o TOA Office of the Energy Commissioner (OEC) under o Pacific Energy the Office of the Prime Minister o Origin Energy http: //www. pmoffice. gov. ck o FSM Petroleum Corporation Fiji Yes No Yes Kiribati Yes Energy Planning Unit under the Ministry of Works and Public Utilities http: //mpwu. gov. ki/ No Yes • Office of Energy Commissioner (energy regulator) • Consumer Division of Ministry of Internal Affairs – (storage and licensing) • Price Tribunal (petroleum includes LPG price monitor) Energy Division under the Department of Resources and Development http: //www. fsmrd. fm/energy/ • Mobil • Total Department of Energy (DOE) under the Ministry • Pacific Energy of Transport and Infrastructure • Blue Gas www. fdoe. gov. fj • Fiji Gas Nauru Energy Regulator and Price Monitoring Department of Commerce, Industry and Environment o Kiribati Oil Company None Fijian Competition & Consumer Commission (FCCC) www. fcc. gov. fj (petroleum includes LPG price and electricity tariff regulator) Ministry of Commerce, Industry and Cooperatives – (petroleum[1] excludes LPG and ADO price monitor) Nauru Utilities Corporation o Republic of Nauru Phosphate Company Ministry of Finance – (petroleum excludes LPG price monitor)

Pacific Islands Niue National Fuel Price Supply Planning and Coordination Control Act Contract Act No Yes No No No Palau PNG Yes No Yes RMI No Yes No Department of Utilities of Ministry of Infrastructure o Niue Bulk Fuel Energy Administration within the Bureau of Public o Blue Bay Petroleum Works under the Ministry of Resources and Energy Incorporated http: //www. palauenergyoffice. com o Isla Petroleum and Energy o Puma Energy o Mobil Energy Division of the Department of Petroleum and o Inter. Oil Energy Planning Division under the Ministry of Resources and Development Samoa Yes Petroleum Importer Energy Policy Coordination and Management Division (EPCMD) under the Ministry of Finance http: //www. mof. gov. ws/ o Mobil Oil Micronesia o Marshalls Energy Company o Petroleum Products Supplies Limited o BOC Gases Ltd o Origin Energy Ltd Energy Regulator and Price Monitoring Niue Bulk Fuel – (petroleum includes LPG price monitor) None Independent Consumer and Competition Commission(ICCC) www. iccc. gov. pg – (petroleum price and electricity tariff regulator) None Office of the Regulator – (electricity tariff regulator) EPCMD – petroleum price monitor Price Control Unit – (LPG price control)

Pacific Islands Solomon Islands Act Yes National Fuel Price Planning and Coordination Supply Control Act Contract yes No Yes Tonga Tuvalu Vanuatu Yes No No Yes Energy Division Under the Ministry of Mines, Energy and Rural Electrification Energy Department under the Ministry of Meteorology, Energy, Information, Disaster Management, Environment, Climate Change and Communications. http: //www. pmo. gov. to/policies-bydepartment/ministry-of-information-andcommunication/ Petroleum Importer o South Pacific Oil Limited o Markwarth Oil Limited o Origin Gas o Total o Pacific Energy o Tonga Power Ltd – LPG o Pacific Energy o Mackenzie Trading Ltd Energy Unit under the Ministry of Works and Energy o Sulanga Company Department of Energy, Mines and Mineral Resources of the Ministry of Climate Change Adaptation, Meteorology, Geo. Hazard, Natural Disaster Management Office, Energy and Environment www. doe. gov. vu o Pacific Energy o Origin Energy Regulator and Price Monitoring Price Control Unit of the Ministry of Commerce, Industry, Labour & Immigration – (petroleum price monitor including LPG) Electricity Commission (electricity tariff regulator) Competent Authority of the Ministry of Labour Commerce and Industry – (petroleum including LPG price monitor) Price Control Unit, Ministry of Finance – (petroleum excludes LPG price monitor) Utilities Regulatory Authority (electricity tariff regulator)

Current Fuel Quality PICT American Samoa Cook Islands Fiji Federated States of Micronesia French Polynesia Guam Kiribati Republic of Marshall Islands Nauru New Caledonia Niue Palau Papua New Guinea Samoa Solomon Islands Tokelau Tonga Tuvalu Vanuatu Wallis and Futuna Petrol Diesel fuel maximum Research Diesel fuel maximum sulphur content for power octane of diesel for land transport generation number (RON) 10 ppm 500 ppm 92 RON 10 ppm 500 ppm 95 RON 500 ppm 92 RON 10 ppm 92 RON 50 ppm 95 RON 10 ppm 92 RON 500 ppm 92 RON 500 ppm 92 RON 10 ppm 95 RON 50 ppm 92 RON 500 ppm 500 ppm 92 RON 500 ppm 92 RON 10 ppm 500 ppm 95 RON 10 ppm 95 RON Dual Purpose LP Gas Kerosen e DPK DPK DPK DPK DPK Propane/Butane Propane Butane Propane Butane Propane/Butane Butane Propane/Butane

FACTORS AFFECT FUEL PRICES - REGIONAL Fuel and LPG prices can go up and down due to a combination of factors: • changes in international benchmark prices • the value of the local currency relative to the US dollar • Fuel & LPG Suppliers costs • Other costs and taxes • Disruptive Weather, political and socio-economic

PACIFIC FUEL PRICE MONITOR • Workflow Request Prices for Fuel & LPG Pacific Island Countries Data Received Compile Report • Content • Pacific Fuel Prices (ULP, Diesel and KEROSENE) • Liquefied Petroleum Gas (LPG) prices • Exchange Rates Data Received Compile Report

DIESEL RETAIL & WHOLESALE FUEL PRICES JANUARY - JUNE 2018 (AVERAGE) Retail (VEP) Wholesale (VEP) Tax Component Wallis & Futuna Walli. . . Vanuatu Vanu. . . Tuvalu Tuva. . . Tonga Tokelau Solo. . . Solomon Islands Samoa PNG Palau Niue New. . . New Zealand Kirib. . . Kiribati Fren. . . French Polynesia Fiji Cook. . . Cook Islands Aust. . . Australia Ame. . . American Samoa 0. 00 Tax Component 0. 50 US$/Litre 1. 00 1. 50 2. 00

ULP RETAIL & WHOLESALE FUEL PRICES JAN-JUNE 2018 (AVERAGE) Retail (VEP) Tax Component Wholesale(VEP) Wallis & Futuna Tax Component Wallis & Futuna Vanuatu Tuvalu Tonga Tokelau Solomon Islands Samoa PNG Palau Niue New Zealand Kiribati French Polynesia Fiji Cook Islands Australia American Samoa 0. 00 0. 50 US$/Litre 1. 00 1. 50 2. 00

KEROSENE RETAIL & WHOLESALE FUEL PRICES JAN-JUNE 2018 (AVERAGE) Retail (VEP) Component Tax Wholesale (VEP) Wallis &. . . Component Tax Wallis &. . . Tuvalu Tonga Tokelau Solomo. . . Samoa PNG Niue Palau Kiribati Niue French. . . Kiribati Fiji French. . . America. . . Fiji 0. 00 0. 50 US$/Litre 1. 00 0. 00 1. 50 2. 00 0. 50 US$/Litre 1. 00 1. 50 2. 00

LPG RETAIL & WHOLESALE FUEL PRICES JAN-JUNE 2018 (AVERAGE) Wholesale (VEP) Retail (VEP) Tax Component Wallis &. . . Wallis & Futuna Vanuatu Tuvalu Tonga Tokelau Solomon Islands Solomon. . . Palau Niue French Polynesia Kiribati French. . . Fiji Cook Islands US$/KG 0. 00 1. 00 2. 00 3. 00 4. 00 5. 00 6. 00 US$/KG 0. 00 1. 00 2. 00 3. 00 4. 00 5. 00

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