FINAL_BFP_March_2022(1).xlsx

	A	B	C
1	NAMIBIA INDUSTRY UNIT RATE SLATE
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3	1 March 2022
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6	Column1	ULP	ADO50
7		95	0.005%S
8	INPUT
9	Standard Densities	0.7500	0.8400
10	Conversion Factors	3.8038	3.7991
11	Exchange rate (Avg mth N$/USD)	14.9549	14.9549
12	Fin. Charges: Prime Int.Rate - Minus 1% (7.75 - 1.00= 6.75%) Feb'22	6.7500	6.7500
13	Avg. Worldscale Freight - $/TONNE (1/1/2022)	20.8400	20.2200
14	Demurrage @$0.192/ton/day for 3-day period - USc/mt (1/1/2022)	0.5760	0.5760
15	Worldscale plus demurrage	21.416	20.796
16	AFRA	137.5000	137.5000
17	AFRA - MR vessel rate + premium adjustment of 15%	158.125	158.125
18	RSA-W/Bay coastal voyage cost/rate 1/09/2019	25.070	25.070
19	Avg. FOB - Usc/USG ($Bbl /42=US c/US gal.)	308.024	346.859
20	Avg. FOB $Bbl	129.370	145.681
21	Basic Fuel Price Calculation
22	F.O.B.- cents/litre	1211.017	1365.384
23	Freight plus demurrage	66.101	72.802
24	Insurance: 0.15% of FOB + Freight	1.916	2.157
25	C.I.F.	1279.034	1440.343
26	Ocean Leakage : 0.3% of CIF	3.837	4.321
27	Landing & Wharfage (N$38.00/Kl)(1/07/19)	3.800	3.800
28	Walvis Bay landed cost	1286.671	1448.464
29
30	BASIC FUELS PRICE AT WALVIS BAY	1286.671	1448.464
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32	Slate Calculation
33	Pump Prices	1595.000	1598.000
34	Less: Dealers Margin	113.000	113.000
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36	Wholesale selling price	1482.000	1485.000
37	Less:
38	Customs & Excise Duty	4.000	4.000
39	NEF Fuel Levy	98.000	102.000
40	Road User Charge	148.000	148.000
41	Fuel Tax (01/09/2019)	90.000	90.000
42	MVA Levy	50.300	50.300
43	Service Differential (02/03/2016)	17.350	17.350
44	BFP Walvis Bay	1286.671	1448.464
45	Coastal Stock Financing Cost (28/02/2022)	3.569	4.018
46	Coastal Storage (from 01/07/2013)	2.214	2.214
47	Industry Margin (02/10/2019)	108.000	108.000
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51	Unit Over/(Under) Recovery c/litre	(326.104)	(489.346)
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