Saturday, Nov 23

Government Continues to Subsidise Cooking Gas

Local News
Tuesday, Jan 23
Government Continues to Subsidise Cooking Gas

D

espite criticism from the Opposition about high gas prices, the government has revealed that it has provided approximately $8.1 million in subsidies for cooking gas from April – December, 2023, paying on average $15.05 for every cylinder of gasoline purchased by the consumer.

On January 22nd, 2024, the government announced a decrease in the retail prices of cooking gas.

“The 20 lb Cylinder (9.07kg) is being subsidized at $16.97 per cylinder and the 22 lb cylinder (9.98kg) is being subsidized at $18.66 per cylinder.

20 Pound Cylinder (9.07 kg) decreased from $39.30 to $36.00 per cylinder.

22 Pound Cylinder (9.98 kg) decreased from $43.22 to $39.60 per cylinder.

100 Pound Cylinder (45.36kg) decreased from $279.68 to $264.84 per cylinder.

Bulk (Wholesale) LPG decreased from $2.67 per pound to $2.52 per pound.”

The Public is informed that the next adjustment of the retail price of fuel products will be on Monday, February 12, 2024.

Gasoline remains unchanged at $3.63 per litre or $16.50 per gallon. Diesel remains unchanged at $3.63 per litre or $16.50 per gallon. Kerosene remains unchanged at $2.58 per litre or $11.72 per gallon.

 

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