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 :: ANNOUNCEMENTS

 MONTLY BULLETIN ON IMPORT PARITY PRICING OF PETROLEUM PRODUCTS
January 2008 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to inform the public that there is no change in the pump prices of petroleum products, despite an unprecedented rise on the world market that has been exhibited over the last several weeks ...

Full Statement  []


December 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to inform the public that there is no adjustment in pump prices of petroleum products throughout the country this month ...

Full Statement  []


November 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) would like to inform the public that there is no adjustment in pump prices of petroleum products through out the country this month, despite very high oil prices on the international market ...

Full Statement  []


October 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to inform the public that there is no adjustment in pump prices of petroleum products throughout the country for this month despite increases on the international market ...

Full Statement  []


September 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to inform the public that changes in domestic and international factors have necessitated an upward adjustment of petroleum product prices. Since May 2007, the petroleum product prices have been kept stable by subsidisation from the Strategic Reserves Fund ...

Full Statement  []


August 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to inform the public that pump prices of petroleum products remain unchanged throughout the country this month, while the waiver on Strategic Reserve Fund on diesel is maintained to enable Oil Marketing Companies (OMCs) continue to import stocks to supplement Indeni production ...

Full Statement  []


July 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to inform the public that there is no adjustment in pump prices of petroleum products throughout the country ...

Full Statement  []


June 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to announce that the prices of petroleum products will remain unchanged for the month of June 2007 owing to a subsidy of about K5.93 Billion, which will be paid to INDENI from the Strategic Reserve Fund ...

Full Statement  []


May 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The maintenance of the prices of diesel and kerosene has been achieved through a subsidy from the Strategic Reserve Fund (SRF). Petrol has also been partially subsidised. Without the subsidy, the pump prices would have increased by K669/L for Petrol, K200/L for Diesel and K97/L for Kerosene ...

Full Statement  []


April 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The pump prices of Petrol, Diesel and Kerosene have all been adjusted owing to factors beyond the control of the Zambian market, whose petroleum products requirements are all imported ...

Full Statement  []


March 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to advise that the prices of petroleum products for the month of March 2007 remain unchanged from the last price adjustment in February 2007, owing to subsidisation of prices using the Strategic Reserve Fund (SRF) ...

Full Statement  []


February 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The downward changes are largely attributed to trends in international oil prices and the exchange rate of the Kwacha against the US Dollar, since the last monthly review of prices in January 2007 ...

Full Statement  []


January 2007 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board (ERB) wishes to advise that the prices of petroleum products have been revised upwards with effect from midnight of the 15th January 2007 ...

Full Statement  []


December 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board, at a Board Meeting held on 14th December 2006, after taking into account factors impacting on the prices of fuel, determined that it is inevitable that pump prices of petroleum products be increased ...

Full Statement  []


November 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The changes have been attributed to the trends in international oil prices and the exchange rate of the Kwacha against the US Dollar ...

Full Statement  []


October 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The changes have been attributed to the trends in international oil prices and the exchange rate of the Kwacha against the US Dollar. ...

Full Statement  []


September 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board has maintained the current prices of petroleum products for the month of September 2006 ...

Full Statement  []


August 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The Energy Regulation Board would like to advise that there are no changes in the prices of petroleum products for the month of August 2006. As such, the pump prices of Petrol, Diesel and Kerosene for the month of August will remain the same as those for July 2006 ...

Full Statement  []


July 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The oil markets remained very volatile in the month of June, 2006. The Oil prices continued being driven by rising global demand and worries that the world's limited supply cushion would not be adequate to offset a lengthy disruption to output by geopolitical factors ...

Full Statement  []


June 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

Crude prices on World Texas Intermediate (WTI) were over US$71/barrel. The high crude prices were due to the increasing global demand for key transport fuel and the continued political tensions in Nigeria and Iran ...

Full Statement  []


May 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

Overall, there was a marked rise in international oil prices in the month of April 2006. In the third week of April 2006 for instance, prices rose sharply, surpassing records set after hurricane katrina ...

Full Statement  []


April 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

Petroleum Product Prices on the international market generally went up in the month of March 2006. This was mainly triggered by a number of factors ...

Full Statement  []


March 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

The prices we are announcing today are based on movements in both international oil prices and the exchange rate of the Kwacha to the US Dollar in February 2006. ...

Full Statement  []


February 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

On 15 June 2004, the Energy Regulation Board (ERB) introduced a pricing mechanism for petroleum products based on Import Parity Pricing (IPP). The method achieves this by a monthly adjustment of prices in such a way that they reflect international cost trends of production, refining and transportation of petroleum products. ...

Full Statement  []


January 2006 - Monthly Bulletin on Import Parity Pricing of Petroleum Products

As the public is fully aware, wholesale prices of petroleum products are announced every second wednesday of each month. you will recall that at the last announcement, made on 14th december 2005, prices were adjusted downwards due to reductions in international oil prices and the appreciation of the Kwacha during the month of November 2005. ...

Full Statement  []


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