Gas price down VND1,667 per kg in the south from February 1
The retail price of gas in southern localities, including Ho Chi Minh City, will reduce by VND1,667 (US$0.07) per kg or VND20,000 (US$0.88) per 12kg cylinder from February 1, in comparison with that of January.
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Consumers can buy a 12kg cylinder of PetroVietnam Gas, Vtgas, SP or Petrolimex at a price between VND330,000 and VND335,000.
The decrease is attributed to a fall in the world’s gas price in February, which stands at US$515 per tonne, down US$65 per tonne compared with that of January.
The new price level has been announced to gas business agents and consumers in the southern region.