The price of LPG cylinders in Abu Dhabi has increased by 116 percent.
PHOTO BY ADNOC
DUBAI – After nearly 20 years, the price of Liquefied Petroleum Gas (LPG) in Abu Dhabi and the northern emirates has increased by 116 percent, according to Adnoc Distribution.
The move is aimed at introducing a single price and delivery charge for gas cylinder purchases.
The price hike was rolled out on July 22, with LPG cylinder prices increasing from Dh20 to Dh35 for 25-pound cylinders and from Dh30 to Dh65 for 50-pound cylinders.
A delivery fee of Dh10 for 25-pound cylinders and Dh15 for 50-pound cylinders also applies, according to Adnoc Distribution.
Adnoc Distribution, in a report, said the new prices offer an “opportunity to potentially expand our market share in Dubai and the northern emirates”.
“By bringing LPG prices closer in parity to the rest of the UAE, activities in the illegal grey market – where cylinders were transferred between emirates – often in an unsafe manner, are expected to be minimised,” it added. ICA/Expat Media
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