Fuel Price Adjustment Effective October 23, 2026

Brandstofprijzen 20 October 2026

The price of gasoline (Mogas95) is increasing by USD 0.12 per liter. The price of diesel is increasing by USD 0.40 per liter.

Effective October 23, 2026, fuel retail prices will be adjusted. This adjustment is due to recent developments in the international market and higher fuel purchase prices.

The price of gasoline (Mogas95) will increase by USD 0.12 per liter. The price of diesel will increase by USD 0.40 per liter. The price of kerosene will remain the same. The price of 100 lbs. of LPG (large gas cylinder) will increase by USD 3.00, and the price of 20 lbs. (small gas cylinder) will increase by USD 1.00.

This price adjustment complies with the provisions of the Temporary Decree of March 25, 2022, on the 2022 Excise Tax Reduction for the Caribbean Netherlands, No. 2022-104414 (Government Gazette No. 8683 of March 28, 2022) and the Act of December 21, 2022, amending certain tax laws and other laws (Tax Plan 2023) (Official Gazette 532).

Until April 1, 2022, the excise tax rate for gasoline (MOGAS95) was 31.86 cents per hectoliter. According to the aforementioned regulations, the excise tax rate for gasoline (MOGAS95) was 15.86 cents per hectoliter for the period from April 1, 2022, through June 30, 2023. From July 1, 2023, through December 31, 2023, the excise tax rate for gasoline (MOGAS95) was 23.86 cents per hectoliter. Since January 1, 2024, the excise tax rate for gasoline (MOGAS95) has been 31.86 cents per hectoliter, the same level as before April 1, 2022.

In light of the above, the following retail prices for fuel will apply as of October 23, 2026:

Description Retail Price Current PricesAmendment effective October 23, 2026Period difference in USDcent/ltrPercentage difference between periods
Mogas95 (gasolin)USDcent/ltr164.00176.0012.007.32%
Gasoil (disel)USDcent/ltr132.00172.0040.0030.30%
KerosinUSDcent/ltr81.0081.000.000.00%
    USD 
LPG 100 lbsUSD/cyl54.0057.003.005.56%
LPB  20 lbsUSD/cyl11.0012.001.009.09%

 

Toelichting componenten tarieven

ComponentExplanation
Purchase PricePurchase price for Curoil
Curoil NV margeCuroil's margin for storage and transshipment costs from Curaçao to Bonaire
Shipping CostsCUR-BONCuroil Shipping Costs from Curaçao to Bonaire
Fuel supply guaranteeProvision for operational costs of the Curaçao refinery
Fuel supply guarantee2Provision for operational costs of the Curaçao refinery
Purchase Price BONSum of the above components
Marge CuroilCuroil Wins Contract for Fuel Distribution on Bonaire
Excise TaxesExcise Taxes
ABBABB
OTB MarginPayment to the government-owned company OTB
Correction factorFactor used to adjust for differences between the estimated and actual purchase price
Wholesale priceSum of the above components
Dealer marginProfit Margins for Gas Station Owners Selling Fuel on Bonaire
Retail priceSum of the above components