UAE reduces household gas prices by 24%

Abu Dhabi – MubasherThe Ministry of Energy and Infrastructure in the UAE announced today, Tuesday, the reduction of domestic LPG prices by 24 percent, in coordination with the Emirates Gas Company, a subsidiary of the ENOC Group, and the Emirates General Petroleum Corporation (Emarat).

The ministry explained on its official page on the social networking site “Twitter”, the positive repercussions of reducing gas, which focus on contributing to improving consumers’ lives and diversifying options for obtaining domestic gas.

It was also able to ensure access to safe household gas and within safety and security specifications and standards, in addition to addressing the risks associated with price discrepancies and illegal exploitation by companies.

According to this decision, “Emirates Gas” will provide LPG cylinders to consumers in and the Northern Emirates, while (Emirates) will provide gas cylinders only in Dubai, at lower prices than before.

The gas cylinder will weigh 11 kg at 60 dirhams, a 22 kg cylinder at 115 dirhams and a 44 kg cylinder at 230 dirhams.

The new prices (which include value-added tax and delivery to consumers) will be applied from October 1, 2020.

This decision comes with the aim of contributing to protecting the local economy and regulating the quality and prices of petroleum derivatives, indicating that it will continue to follow market changes to ensure the quality of life for consumers.

The UAE had stabilized the prices of all types of fuel during next October at the same levels since last April.

Nominations:

UAE fixes fuel prices in October

These were the details of the news UAE reduces household gas prices by 24% for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Saudi Arabia’s Ades secures $136.2m deals in Qatar, Egypt
NEXT Saudi Arabia, China discuss collaboration in urban development during Beijing meeting