Gas price suddenly increased sharply by nearly 10,000 VND/cylinder
Some companies suddenly increased gas prices by nearly 10,000 VND/cylinder from May 1. This is the first time in 2018 that gas prices have increased.
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| Some companies suddenly increased gas prices by nearly 10,000 VND/cylinder from May 1. This is the first time in 2018 that gas prices have increased. |
Since May 1, gas prices have increased by about 10,000 VND/12kg cylinder compared to April. Accordingly, gas prices in May at Petro VietNam Gas, Petroleum Gas, Petrolimex... range from 327,000 - 356,000 VND/12kg cylinder.
Specifically, the gas price of Pacific Petro Gas Company increased by VND9,000/12 kg cylinder, the maximum retail price to consumers is VND334,000/cylinder. The gas price of PetroVietnam increased by VND10,000/12 kg cylinder, the maximum retail price to consumers is VND327,000/12 kg cylinder. The gas price of the Oil and Gas Company is VND356,000/12 kg cylinder and that of Petrolimex is VND334,000/12 kg cylinder.
Businesses have announced gas price adjustments to branches, stores, and retail agents.
Gas businesses said that domestic gas prices increased due to the impact of the average world gas price in May 2018, which was just announced at 502.5 USD/ton, an increase of 30 USD/ton.
