The increase in the price of liquid gas is due to the processes taking place in the world market

by times news cr

2024-08-21 20:27:33

The Commission for the Protection of Competition issued a statement regarding the increase in the price of liquid gas.

“The liquefied gas market is competitive and has low concentration. However, the Commission has implemented a number of adjustments regarding the increase in liquefied gas prices.

We announce that it is due to the processes taking place in the global liquid gas market, in particular the relaxation of restrictions caused by the pandemic, as well as seasonality, which contributed to the increase in demand.

MSU employees also had verbal conversations with companies that import liquefied gas, they state that purchase prices have increased, there are logistical problems, which are being worked on.

We inform you that as of July 22, the retail price of liquid gas in the Russian Federation is 185-220 AMD, in Georgia – 220-250 AMD, in Turkey – 275 AMD, in France – 500 AMD, in Ukraine – 288 AMD, in Pakistan – 660 AMD (in Pakistan and there is strong demand for LPG in Afghanistan, even with high prices).

We remind you that there are more than 50 business entities operating in the sector, where, according to preliminary studies, there are no companies with a dominant position, so the mentioned companies cannot have a decisive influence on the general conditions of the above-mentioned sector, including prices,” the MSU said. in the message.

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