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Global hike fuels gas price rise

Jul 2nd at 10:28
02-07-2013 10:28:16+07:00

Global hike fuels gas price rise

Gas prices increased by VND13,000 (US$0.62) per 12-kg canister yesterday, according to wholesalers.

 

This means current retail gas prices range from VND375,000-380,000 ($17.9-18.1) per 12-kg canister. The domestic gas price hike occurred because of higher world gas prices and high transportation fees.

This is the third consecutive gas price hike since May. Earlier in the year, there were four consecutive price cuts.

The current price remains VND54,000 ($2.57) per canister lower than at the end of 2012.

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