Fuel Pricing Transparency and Capacity Building Workshop in Suva, Fiji
Exploration, drilling, refining, and transportation costs in the petroleum industry were discussed at the SPC Petroleum Workshop in Suva, Fiji. The workshop also covered onshore costs, duties, operating costs, and return on capital employed. Participants shared PICTs experiences on fuel facilities, product ownership, transportation routes, and relationships with suppliers. Training objectives focused on understanding current status, setting goals, and establishing support systems.
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Presentation Transcript
SPC PETROLEUM WORKSHOP TRANSPERANCY IN FUEL PRICING FOR ALL & DEVELOPING CAPACITY BUILDING FOR NATIONAL ENERGY OFFICES AND REGULATORS SUVA, FIJI SEPTEMBER 10-14, 2018
CONCEPTUALLY How much do you want to know what kind of detail if not you, then who? How much influence/contribution do we have? 1. Cost of Crude Oil Locating crude oil (Exploration) Drilling and Extraction Transporting to Refinery Refining Crude Refinery Premium FOB? 2. Transporting Refine Products to PICTs Fuel Depots Freight Costs and other Related Cost Small parcel premium Minimum order quantity Port Charges Insurances Ocean lost Demurrage
CONCEPTUALLY 3. Onshore cost Local Wharfage Costs Storage Transport of fuel to end users 4. Duty (Rents, fees and Taxes) 5. Operating Costs 6. Return on Capital Employed
PICTS EXPERIENCE 1. 2. Fuel facilities: Owner/s 3. Products: Ownership of Products; Refinery to Flange Depot/storage facilities Refinery to end users 4. Delivery services and service stations Supplier/s
PICTS EXPERIENCE 5. Transportation Route 6. MR or LCT 7. Relationship with supplier/s 1) discuss template? 2) how often? 3) who in your organization? 8. What other issues can you think of that is unique to your island.
TRAINING OBJECTIVES Realize and understand what you have Determine where you want to be at Develop a Mission Set Goals and Objects including time-line Realize and Organize Support System. Net working
