Retail gas prices increase

Sunday, Sep 01, 2013 16:43

The gas price hike occurred because of higher world gas prices. Photo baotintic.vn

HA NOI (Biz Hub)— Domestic retail gas prices increased by VND12,000 (US$0.57) per 12-kg canister on Saturday, according to wholesalers.

It is reported that the hike occurred because of higher world gas prices.

The current prices range from VND398,000-400,000 ($18.9-19) per 12-kg canister. This is the fourth consecutive gas price hike since May with total increase of VND34,000 ($1.6) per canister. Earlier in the year, there were four consecutive price cuts.

The current price remains VND42.000 VND ($2) per canister lower than at the end of 2012. — VNS


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