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Gas price hiked by VND10,000

Oct 1st at 14:07
01-10-2015 14:07:03+07:00

Gas price hiked by VND10,000

The price of cooking gas has been increased by VND10,000 ($0.4) per 12kg tank from October 1, Saigon Petro said.

 

The retail price of a 12kg cooking gas canister now ranges between VND275,000 ($12.2) and VND285,000 ($12.7).

Gas companies attributed the price increase to a rise in the global gas price, which is $362.5 per tonne now, a surge of $32.5 per tonne from the previous month.

According to the finance ministry's department of price management, the total gas consumption in 2014 was estimated to be more than 1.3 million tonnes, a year-on-year increase of 3.07 per cent.

Last year, the price of cooking gas was revised 12 times, including three price hikes.

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