PETROLEUM PROCUREMENT 
        AND MANAGEMENT - 
          THE FIJI MODEL 
    Regional Workshop on Petroleum Pricing; 
    Suva, Fiji, 01 – 5 December 2014  
                           FIJI COMMERCE COMMISSION 
                                 Joel Abraham – SRF  1 
                            OUTLINE 
      Introduction; 
      On-going activities related to the Fiji fuel price 
       regulation process 
      Rationales; 
      Likely Impacts of changes; 
      Conclusion; and 
      Question(s) and Answer(s) 
        
                                                             2 
                       Introduction 
      A  reliable,  secure  and  competitively  priced 
       energy supply is vital for promoting long-term 
       economic  growth  and  human  development  in 
       the Pacific  
        
      In Fiji the, the regulatory authority charged with 
       petroleum  pricing  is  the  Fiji  Commerce 
       Commission.  
        
      At a global level, although oil prices fell sharply 
       with  the  onset  of  the  global  financial  crisis, 
       prices have again begun to rise in response to 
       signs of global economic recovery.                   3 
        
        
    Cont’d 
                       Introduction 
      This  has  considerable  implications  for  Fiji  in 
       terms  of  rising  production  and  transportation 
       costs  being  passed  on  in  the  form  of  more 
       expensive  goods  and  services,  resulting  in 
       reduced economic activity . 
      
      The  current  practice  in  Fiji  is  that  the  three 
       multi-national petroleum companies as well as 
       two firms engaged in LPG import and distribute 
       products, prices of which are controlled by the 
       Commission.                                            4