Independent economic & regulatory advisory

A Pacific perspective.
A clearer view.

Economic insight for decisions that shape markets. Based in Fiji, Econova advises governments, regulators, utilities and businesses on energy, pricing, investment and policy.

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Research & commentary

Perspectives that inform decisions.

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Advisory

Specialist advisory for regulated energy and infrastructure sectors.

A focused set of services across pricing, policy, market design, and analytical systems.

Energy regulation and tariff design

Electricity tariff reviews, cost-of-service models, tariff methodology development, and IPP rate assessments.

Financial modelling and analysis

Revenue requirement models, capex and opex review, affordability testing, and long-term sustainability analysis.

Petroleum and fuel pricing

Import parity pricing, MOPS benchmark analysis, LPG pricing regulation, and downstream market reviews.

Energy statistics and data systems

Energy balances, validation frameworks, national reporting systems, and alignment with SDG7, IEA, and UNFCCC standards.

Market reform and competition

Competition assessments, licensing frameworks, compliance review, and market liberalisation strategy.

Infrastructure and transport pricing

Public transport fares, postal tariffs, broadband access regulation, and wider infrastructure pricing assessments.

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About Econova

Economic analysis with implementation discipline.

Led by Prashant Sarup and based in Fiji, Econova Consulting brings a Pacific point of view to questions shaped by global energy, capital, technology and policy trends.

Published analysis is designed to be rigorous and useful: transparent evidence, clear economic logic and close attention to how institutions and markets actually work.

Prashant's wider professional experience spans tariff design, cost-of-service modelling, petroleum pricing, regulatory frameworks, investment analysis and energy statistics systems.

Tariff design Cost-of-service modelling Energy statistics IPP assessment Fuel pricing Regulatory frameworks Financial modelling Competition analysis Python and SQL QGIS
Markets

Pacific grounded. Internationally connected.

Econova is based in Fiji. Its coverage follows the policy, pricing and investment questions that connect Pacific Island economies with wider international markets.

Publications and models

Open analytical platforms and applied modelling.

A growing set of public models and dashboards demonstrating practical analysis with real-world data.

Live benchmark
Latest monthly average —
Monthly change —
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OPEC Reference Basket price monitor

Monthly OPEC Reference Basket averages from July 2025 to July 2026, providing a clear benchmark for energy pricing analysis.

What is the OPEC Reference Basket? Introduced on 16 June 2005, the ORB is a benchmark made up of Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela).

Figures reviewed every five days
Coming soon

Market data dashboard

A planned dashboard for comparing energy and infrastructure indicators across selected Pacific markets.

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Contact

Let's discuss the decision in front of you.

Whether you need regulatory advisory, economic modelling, or a strategic partner for energy sector reform, I would welcome a conversation.

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Websiteeconovaconsulting.com
BaseFiji, with a Pacific perspective and international outlook