Identifier
Created
Classification
Origin
08AMMAN785
2008-03-12 07:11:00
UNCLASSIFIED
Embassy Amman
Cable title:  

Jordan Sets New, Higher Fuel Prices for March 2008

Tags:  ENRG EPET ECON JO 
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VZCZCXYZ0000
RR RUEHWEB

DE RUEHAM #0785 0720711
ZNR UUUUU ZZH
R 120711Z MAR 08
FM AMEMBASSY AMMAN
TO RUEHC/SECSTATE WASHDC 2036
INFO RUEHGB/AMEMBASSY BAGHDAD 5878
RUEHEG/AMEMBASSY CAIRO 3573
RUEHDM/AMEMBASSY DAMASCUS 3832
RUEHTV/AMEMBASSY TEL AVIV 1072
RUEHJM/AMCONSUL JERUSALEM 4911
RHEBAAA/DEPT OF ENERGY WASHDC
RUEATRS/DEPT OF TREASURY WASHDC
UNCLAS AMMAN 000785

SIPDIS

SIPDIS

STATE FOR EEB AND NEA/ELA

E.O. 12958: N/A
TAGS: ENRG EPET ECON JO
SUBJECT: Jordan Sets New, Higher Fuel Prices for March 2008

REF: Amman 628

With the exception of Liquefied Petroleum Gas (LPG),the Government
of Jordan (GOJ) set new, higher prices for fuel products, effective
March 11, in line with its decision to liberalize prices with
monthly controls (reftel). Local press reports noted that prices of
crude oil on the American market hit record levels topping $108 per
barrel, while global markets continued to witness speculative bids
for even higher prices. The following current retail prices of
petroleum products in Jordan can also be found on the Ministry of
Energy and Mineral Resources (MEMR) website (www.memr.gov.jo):

Old Price New Price
Item (Feb 2008) (Mar 2008)
-------------- -------------- --------------
Premium gasoline, 660 fils/liter 665 fils/liter

Unleaded (95 Octane) ($3.53/gallon) ($3.56/gallon)

Regular gasoline, 575 fils/liter 585 fils/liter
Unleaded (90 Octane) ($3.07/gallon) ($3.13/gallon)
Kerosene 555 fils/liter 600 fils/liter
($2.97/gallon) ($3.21/gallon)
Diesel 555 fils/liter 600 fils/liter
($2.92/gallon) ($3.21/gallon)
Heavy fuel oil (industry) 348 JD/ton 374 JD/ton
($491.52/ton) ($528.25/ton)
*LPG (12.5 Kg) 6.5 JD/cylinder 6.5 JD/cyl.
($9.18/cylinder) ($9.18/cyl.)
Fuel oil for ships 348 JD/ton 374 JD/ton
($491.52/ton) ($528.25/ton)

Jet fuel-local companies 540 fils/liter 600 fils/liter
($2.89/gallon) ($3.21/gallon)
Jet fuel-foreign companies 545 fils/liter 605 fils/liter
($2.91/gallon) ($3.23/gallon)
Jet fuel-charter flights 560 fils/liter 620 fils/liter
($2.99/gallon) ($3.32/gallon)
Asphalt 364 JD/ton 396 JD/ton
($514.12/ton) ($559.32/ton)

*The price of LPG cylinders will remain partially subsidized until
April 2008, after which prices will be set according to
international prices.

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

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