Fuel Overview

The Ministry of Industry, Commerce & MSME’s (MICM) formulates policies related to fuel market regulations. It controls and monitors the implementation of these policies in compliance with the rules regulations and provisions governing this market, due to its importance and role in the Dominican economy. It is also the MICM’s duty to calculate through a specific pricing formula, the import parity price of fuels approved for diverse uses and circulation in the country which is based on international reference prices that are reported on a daily basis and tracked in that same frequency, thus resulting in domestic prices after taxes and other regulations, which end up setting up the fuel’s prices in the national market, these are weekly reported to the public by mass communication media every Friday. Through its Fuels Directorate, the MICM receives, analyses and recommends – prior to commissioning – any request for import, storage, production, packaging, refining, purification, mixing, processing, transformation, transportation, distribution and marketing of fuels verifying that it complies with applicable technical and quality standards, taking into account the standards of environmental protection and ecological protection.

The fuel supply to Dominican Republic is through imports by the State that goes by a process of refinery and delivery to distribution companies, regulated by the Ministry of Industry, Commerce & MSME’s, who sets prices weekly by mandate.

Because of the nature of the country’s weather, mainly hurricane season, fuel provision suffers, as transportation is unable to reach final destinations and supply reserves on local stations.

For more information on government, please see the following links: 4.1 Government Contact List.

https://micm.gob.do/images/pdf/marcos-legales/REGLAMENTO_307-01_Reglamento_de_aplicacion_de_la_Ley_112-00_Tributaria_de_Hidrocarburos.pdf

Fuel Pricing

The official retail price of fuel in the Dominican Republic fluctuates; it’s fixed each Friday and is regulated by the Ministry of Industry, Commerce & MSME’s (MICM).

Seasonal Variations 

Fuel Transportation

The internal transportation of fuel products is carried out by land with tankers. The transportation infrastructure and fleet sufficient to handle current domestic needs as well as increased demand from the humanitarian community. Large fuel companies own their fleet of trucks and local consignees that can give shuttle service on demand.

Standards, Quality and Testing

Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.

Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.