October gas price hiked

Sunday, Oct 02, 2016 09:00

Gas supplier Saigon Petro provides consumers with regular products, now at a price higher by US$0.67 per 12 kilogramme canister. – Photo dantri.com.vn

HA NOI (Biz Hub) – Gas price in HCM City and the southern provinces has been increased by VND15,000 per 12kg cooking gas canister since October 1.

The retail price of a 12kg cooking gas canister now ranges from VND274,000 ($12.2) to VND280,000.

Saigon Petro's Head of Sales, Tran Van Phuc, acknowledged that the recently announced increase in October world gas price of $47.5 per tonne, making it a total of $355 per tonne, was the reason behind Viet Nam's gas price hike. The hike required domestic gas companies to adjust accordingly. – VNS

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