Vanuatu imports over 56 million litres of fuel each year with diesel being the largest volume (63%). Of this volume, 50% is consumed by the transport sector alone. An analysis of Vanuatu’s net CO2 emissions as per Vanuatu’s Bi-annual Update Report of 2021 to the UNFCCC, presents that the Transportation sub-sector is responsible for 52.7% of emissions, Electricity Generation 27.5%, Manufacturing/Construction 15.4% and the remaining other sectors 4.5%. Interestingly, a further sub-sector analysis of the transport sector shows that within this sub-sector, road transport accounts for 78.6% of emissions, Domestic Aviation 9.6% and Domestic Water Borne Navigation 11.7%.
The Fifth Pacific Regional Energy and Transport Ministers’ Meeting (5TH PRETMM) was organized by the Pacific Community (SPC) and hosted by the Government of Vanuatu (GoV) at the Warwick Le Lagoon Resort, Port Vila, Vanuatu from 8-12 May 2023. The theme of the meeting was “Accelerating Decarbonization in the Blue Pacific” and was convened by hybrid means so participants attended in-person or virtually.
Retail Fuel and LPG Prices for month of February 2023
Port Vila, 30 September 2022. The validation workshop for the National Energy Efficiency Strategy and Action Plan (NEESAP) was held today bringing together over 25 participants from across key senior stakeholders from the government departments, development partners, the Utilities Regulatory Authority, the importers, wholesalers and retailers of electrical equipment, lighting products and appliances in Vanuatu.
The retail price for benzine is going up by 9VT/L on 7th September 2022.
The price will go from 235vt/l to 244 VT/L. The price is driven by global oil prices. The benzine stocks receipted in the month of July is now available for distribution and reflects the refinery price. The refinery benchmark of MOPS price for June/July has peaked during that period and this is reflected in the retail price in Vanuatu (Figure 1).