Identifier
Created
Classification
Origin
08AMMAN2066
2008-07-10 14:05:00
UNCLASSIFIED
Embassy Amman
Cable title:  

Fifth Consecutive Increase in Jordan's Fuel Prices since

Tags:  ENRG EPET ECON JO 
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VZCZCXYZ0000
RR RUEHWEB

DE RUEHAM #2066 1921405
ZNR UUUUU ZZH
R 101405Z JUL 08
FM AMEMBASSY AMMAN
TO RUEHC/SECSTATE WASHDC 3041
INFO RUEHGB/AMEMBASSY BAGHDAD 6021
RUEHLB/AMEMBASSY BEIRUT 2878
RUEHEG/AMEMBASSY CAIRO 3715
RUEHDM/AMEMBASSY DAMASCUS 3926
RUEHKU/AMEMBASSY KUWAIT 0901
RUEHRH/AMEMBASSY RIYADH 1982
RUEHTV/AMEMBASSY TEL AVIV 1250
RUEHJM/AMCONSUL JERUSALEM 5085
RUCPDOC/DEPT OF COMMERCE WASHDC
RHEBAAA/DEPT OF ENERGY WASHDC
RUEATRS/DEPT OF TREASURY WASHDC
UNCLAS AMMAN 002066 

SIPDIS

STATE FOR EEB AND NEA/ELA

E.O. 12958: N/A
TAGS: ENRG EPET ECON JO
SUBJECT: Fifth Consecutive Increase in Jordan's Fuel Prices since
Liberalization

REFS: A) Amman 1754
B) Amman 785
B) Amman 628

UNCLAS AMMAN 002066

SIPDIS

STATE FOR EEB AND NEA/ELA

E.O. 12958: N/A
TAGS: ENRG EPET ECON JO
SUBJECT: Fifth Consecutive Increase in Jordan's Fuel Prices since
Liberalization

REFS: A) Amman 1754
B) Amman 785
B) Amman 628


1. The Government of Jordan (GOJ) announced new prices of petroleum
products, effective July 10. Prices rose by four to nine percent
over last month depending on the product, representing the fifth
increase since the GOJ liberalized fuel prices in February 2008
(reftels). An interagency committee determines prices based on
average international market prices during the preceding 30 days and
other costs, such as freight and handling. The GOJ has decided to
maintain for an indefinite period the subsidized price of Liquefied
Petroleum Gas (LPG) for home cooking and heating (ref A).


2. Current retail prices of petroleum products in Jordan follow
(NOTE: 1 USD = 0.708 JD):

New Price Old Price %
Item (as of July 10) (June 9) Change
-------------- -------------- -------------- --------------

Premium gasoline, fils/liter 840 805 4.3%
Unleaded (95 Octane) $/gallon 4.49 4.30

Regular gasoline fils/liter 735 705 4.3%
Unleaded (90 Octane) $/gallon 3.93 3.77

Kerosene fils/liter 770 705 9.2%
$/gallon 4.12 3.77

Diesel fils/liter 770 705 9.2%
$/gallon 4.12 3.77

Heavy fuel oil JD/ton 457 425 7.5%
(industry) $/ton 654.48 600.28

Heavy fuel oil JD/ton 486 450 8.0%
(ships) $/ton 686.16 635.5

Jet fuel fils/liter 805 765 5.2%
(local companies) $/gallon 4.30 4.09

Jet fuel fils/liter 810 770 5.2%
(foreign companies) $/gallon 4.30 4.09

Jet fuel fils/liter 825 785 5.1%
(charter flights) $/gallon 4.41 4.20

Asphalt JD/ton 515 476.7 7.9%
$/ton 726.69 673.31

LPG (12.5 Kg) 6.5 JD/cylinder No change
$9.18/cylinder

LPG (50.0 Kg) 46.83 JD/cylinder N/A
$66.14/cylinder

LPG (bulk) 937 JD/ton N/A
$1322.98/cylinder

Visit Amman's Classified Website at:
http://www.state.gov.sgov.gov/p/nea/amman/

Rubinstein

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