Energy
American Samoa and Samoa punch above their weight on fuel prices PDF Print E-mail

Wednesday 6 August 2014, Secretariat of the Pacific Community (SPC), Suva, Fiji –

 

alt‘Financial gains from increased renewable energy and energy efficiency installations can be easily and quickly lost if the prices of petroleum products are not closely scrutinised and negotiated,’ says Solomone Fifita, Head of the Secretariat of the Pacific Community’s (SPC) Energy Programme. Mr Fifita was making the remark as SPC released the newest edition of a key output of its Petroleum Advisory Services – the Pacific Fuel Price Monitor (PFPM), for the first quarter of 2014.

 

PFPM is a publication that gathers and analyses fuel-pricing data from around the region and reports that information graphically and analytically, demonstrating the average retail fuel prices, both with and without government tax, that are achieved by member countries and territories during each three-month period of the year. This is compared to fuel prices reported in the larger regional reference markets of Australia, New Zealand, Hawaii and Singapore.

 

‘Our analysis shows that, while member countries may be getting fuel from the same import shipments, there is a marked difference in the wholesale and retail prices that are charged in each country. This points to differences in pricing practices and the negotiated price agreements that are in place,’ said Alan Bartmanovich, SPC’s Petroleum Adviser.

 

It is through identifying and highlighting those differences that SPC encourages and facilitates the sharing of best practices among the countries in order for them to achieve better fuel prices and support the gains from their renewable energy and energy efficiency efforts.
Last Updated on Thursday, 07 August 2014 14:32
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Pacific Energiser Issue 15 PDF Print E-mail

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Bula and greetings everyone. Welcome to Issue 15 of the Pacific Energiser.

 

Please click on the link below to download the newsletter.

 

Pacific Energiser Issue 15

 

This issue comprises of all latest energy developments/projects/news around the Pacific region. Also highlighting the Denarau Communique – Second Regional Meeting of Pacific Ministers of Energy and Transport (Aviation and Maritime).

 

Once again, hearty thanks to those who have contributed to the current issue and we welcome comments/suggestions on the newsletter.

 

We are also inviting contributions for Issue 16 of the newsletter, which will be released at the end of October 2014.

 

Enjoy reading!!

Last Updated on Thursday, 31 July 2014 16:52
 
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