Liquigas announces gas price cut
Liquigas Malta has announced a reduction in LPG prices effective as from tomorrow.
Liquigas explained that this LPG price adjustment was the result of favourable fluctuations in the euro/dollar exchange rate and a slight price decrease of the raw material. This translates into an average reduction of 6% to the final customer.
This is the second revision taking place during the last two months following July's price adjustment, the company said.
Liquigas is required by the Malta Resources Authority (MRA) to publish the price of LPG/propane a day before the end of each month. Prices will be applicable on the first day of each month.
"LPG prices will continue to be reviewed on a monthly basis according to MRA's methodology and, therefore, the selling price may vary on a monthly basis to reflect product cost variations on the international markets," the company said.
Price variations will apply only if and when the variation in the product cost is +/- 2% when compared to the previous month's price.
|
Product |
Previous Price |
Revised Price |
Change |
|||
|
Consumers Price including VAT |
Consumers Price including VAT as from 01/08/2010 |
|||||
|
LPG Mix |
Propane Gas |
LPG Mix |
Propane Gas |
LPG Mix |
Propane Gas |
|
|
Loose Kg |
€1.20 |
€1.20 |
€1.15 |
€1.20 |
- €0.05 |
- |
|
Cylinder Kg 10 |
€11.80 |
€11.20 |
€11.10 |
€11.20 |
- €0.70 |
- |
|
Cylinder Kg 12 |
€13.90 |
- |
€13.10 |
- |
- €0.80 |
- |
|
Cylinder Kg 15 |
€17.00 |
€16.20 |
€16.00 |
€16.20 |
- €1.00 |
- |
|
Cylinder Kg 25 |
€27.30 |
€26.00 |
€25.70 |
€26.00 |
- €1.60 |
- |
|
Bulk per Kg |
€1.10 |
€1.10 |
€1.05 |
€1.10 |
- €0.05 |
- |
The final prices as approved by MRA will be the maximum price of LPG/propane on the Maltese market. Distributors are not authorised to charge additional prices over and above the above prices.
31 Comments
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Anthony Mizzi
Aug 1st 2010, 01:39
They'll be bottling laughing gas next.....and giving a free sample with every cylinder purchased, . to keep all "Happy" with all these fabulous unexpected , out of the BLUES price cuts.......
And Gonzipn will be put on record that under his administration he approved to the general public, from the bottom of his Heart a "Price Cut " on Gas which will certainly be HEADLINES in the Gonzipn Media tomorrow.
mario camilleri
Jul 31st 2010, 21:00
Jien nixtieq nistaqsi, meta ic-cilindru tal-gass intuh lura lil tal-gass, dan jibqa' dejjem xi ftit fih, min ghax ghandu il-pajp tal-cooker jew tal-heater forsi twil u min ghax forsi jibqaghlu ftit fih minhabba li ma jkunx baqaghlu pressa fih il-gass, imma insomma dan dejjem jibqa' ftit fih. Tistghu tipruvawha din il-bicca xoghol billi ccaqalqu ftit ic-cilindru tal-gass u tisimghu illi baqa fih. Dan li jibqa fih x'jigri minnu? Dan mhux kollu qligh (extra) ghal-liquigas? Qisek mort ghand tal-pompa u tghidlu tini b'€10 fuel u tal-pompa jiccekkja li ghandek €2 fit-tank u jtik €8! Dan biex taraw il-fottamenti tal-buisness u kif jahdmu dawn in-nies minn fuq dahar il-poplu!!!
Gerard Cassar
Jul 31st 2010, 19:39
First they rise the price to the sky then these charitable persons out of mockery reduce the price by some cents. Viva privatisation the P.N. government remedy for all ills. Viva l-monopolju created by the P.N. government.
H Galea
Jul 31st 2010, 19:30
Are we facing reality, MRA have already the previous month revised the gas prices, so was it ''Price Fixing''. Why MRA did not state that the price will vary per month. On the island, is there no stockpilers of gas, perhaps by EU standards we should have enough for three months, so next months gas price is far from the market price of September. Yes people have to say, unless we are given a clear picture of what going behind our back. HOPE we get the correct gas weight of 12 Kg according to varoius cylinderS weight .
H Galea
Jul 31st 2010, 19:25
Are we facing reality, MRA have already the previous month revised the gas prices, so was it ''Price Fixing''. Why MRA did not state that the price will vary per month. On the island, is there no stockpilers of gas, perhaps by EU standards we should have enough for three months, so next months gas price is far from the market price of September. Yes people have to say, unless we are given a clear picture of what going behind our back.
Darrel Aquilina
Jul 31st 2010, 17:51
Grazzi gvern int veru tħobb u tirrispetta l-poplu Malti...
Xorta nerġa nivvutalek tibzax għax la jien blu nibqa blu qas jekk tpoġġini rasi l'isfel.
Qatt ma kont nobsor li l-poplu Malti daqshekk beċċun, jiddispjaċini li mal-ħażin qed ibati t-tajjeb għax mhux kulħadd mar ixejjer il-bandiera ta l-ewropa u mhux kulħadd mar iċapċaplu lil dan Gonzi!
J. Mifsud
Jul 31st 2010, 17:30
@ All Bloggers
There is a saying which says that...' A Nation always has the government that it Deserves'.
Therefore, let's all put our right hand on our chest and say MEA CULPA, MEA CULPA..........
Until we stop treating politicians as small gods, this is the way we will be treated, as dolts.
Claire Busuttil
Jul 31st 2010, 17:29
DAHKA F WICC IL POPLU !!!! niskanta kemm l awtoritajiet ta dan il pajjiz, jahsbu li il poplu, hu fidil.....!!!
Laura Falzon
Aug 2nd 2010, 13:41
Forsi ghax il-poplu HU fidil ??
Joseph Zammit
Jul 31st 2010, 17:26
I used to be a staunch believer in PRIVATISATION. How mistaken I have been.
And more than this, it really hurts to see the exorbitant profits leaving the Island.
G. Camilleri
Jul 31st 2010, 17:08
You can fool some people for some time but you cannot fool all the people all the time.
edward ciantar
Jul 31st 2010, 16:41
Liquigas who do you thing you are fooling? sewwa l-ewwel m'ghola s-smewiet u mbaghad tohorgu b'rohs farsesk. Ge lost. Kemm ma tisthux!!!!!!!!!!
Marisa Pace
Jul 31st 2010, 14:58
Price variations will apply only if and when the variation in the product cost is +/- 2% when compared to the previous month's price.
The Selling Price variance from July to August for LPG Mix Cylinder Kg 15 is of € 1 less.
From €17.00 to €16.00 equals to 5.882% less.
Am I missing something?
D. Doublesin
Jul 31st 2010, 20:38
I think it means that the price will NOT be adjusted if the variation is less than 2% up or down.
mario camilleri
Jul 31st 2010, 14:58
il kelma titnejku bin nies mhux bizzejd.gharaw naqra din il bicca xoghol http://www.energy.eu/
jekk ma tkun iblah fdan il hmieg ta pajjiez igubuk imbirikalla no data ta malta eee xafarijiet
imbassta il bolloh marru ixejru il bandira tal europa biex minalijom ha jigu ahjar huwma u ulidhom hehe issa tafu min mar ahjar (huwma u uliedhom) mhux inthom bolloh issa jekk itridu morru argaw tbahanhu bil bandira
Carmelo Briffa.
Jul 31st 2010, 18:31
Naqbel mighek sur Camilleri, izda trid tifhem li hafna votanti gew imqarqa, u ghallekk ma tistax taghtijhom tort. remedju wiehed hemm dak li xi darba nohorgu min din in-nassa li dahluna fiha.
Karmnu.
E. Scicluna
Aug 1st 2010, 10:27
Sur Camilleri,
F'dik is-site il-prezzijiet tal-gas huma ikkalkulati bil-€ per kWh gas. Jiggifieri dawk il-prezzijiet huma validi ghall-pajjizi li ghandom gas pipe line. Sa fejn naf jien Malta m'ghadniex gas pipeline. Darba ohra iccekja sew qabel titkellem ghax inkella taqa' ghac cajt my friend.
victor borg
Jul 31st 2010, 14:40
Ater a hefty increase of 250% in the last year that amounts to about €8 we now are getting
a reduction of 80 cents. MRA and the govt.are showing us how to stop tourism and for us to
always eat ar home.
charles zammit
Jul 31st 2010, 14:31
Tridu tidhku bin nies, did you noticed that the price of the 12kg that all of us use at home remained the same price. Xi hsibtuna bhahen
P. Montebello
Jul 31st 2010, 15:48
I think I have to explain that the first table shows a 12kg cylinder costing before 13.90 (thirteen euros NINETY cents) and the second revised price as 13.10 (thirteen euros TEN cents) meaning that, as per third column a change of minus 80 cents.
I hope that I got my readings as well as my maths right and am not a "donkey".
Joseph Apap
Jul 31st 2010, 16:09
Mr. Zammit,
Why do you say that the 12 Kg cylinder has no price change ?
Before it was Euro 13.90 and as from tomorrow it will retail for Euro 12.10
A difference of Euro 0.80 ( 80 cents)
Who is bahnan the person who hurries to write somthing
Paul Borg
Jul 31st 2010, 14:29
immagine I have to change prices on the menu of my restaurant every month, even though prices go up every week (gas and elec. included) . Prices should hold at least for 6 months. This will give customers better planning time. And the next adjustment will be probably upward.....we're used to it now. We just hope something drastic will happen which will force the company to level to a 5% profit, not 60%
Anthony Farrugia
Jul 31st 2010, 17:49
How about reducing wine prices which in the majority of restaurants have a mark-up of 3/4 times what it costs to buy the same bottle from the shops!
Paul Borg
Jul 31st 2010, 20:46
@mr. Farrugia....lesson in mark up prices. cost price + labour cost+ overheads, rent, utility bills, + 18% Vat. meaning a bottle of wine at a wholesale of 6.00 euros should be sold at 18.00 in order to make a profit of 1.25 eu. In my case it is even less cause I pay 38000 eu rent for a premises with 15 tables in a side street in Valletta. And 8 employees. Now you do the Math.
Susanne Grech
Aug 2nd 2010, 13:52
@Mr P.Borg
Very well said, most people think that restaurants or shops in general are making good money and charging hefty prices, when in reality many of them are struggling to make ends meet.
Marc Alan Spiteri
Jul 31st 2010, 14:24
Is this just a temporary summer discount? Will the prices go up again in October when everyone start buying gas for their heaters?
lgalea
Jul 31st 2010, 14:09
Double the price and then drop it by a few cents to brag about reduced price. Who do you think you can fool?
m. borg (slm)
Jul 31st 2010, 14:33
Are elections in the offing.?
DEcrease in certain medicines, decrease in gas, vouchers (not sussidju) for electricity bills, Gonzi on the move visiting factories and places of work ...............
What gives.?
g.c.Forte
Jul 31st 2010, 15:51
@ m.borg (slm).....Yes I think so, because for these last three days only good news are coming out.
Michael Neville Cassar
Jul 31st 2010, 13:53
Oh that news first it gos up to 14 euro and now you give us a few cents (get lost)
mark johnson
Jul 31st 2010, 13:27
They wait until the vans have done their saturday morning rounds before announcing it.