Sweet Crude

April 3, 2017

Cooking gas price rises by 25 percent

Cooking gas price rises by 25 percent

The price of cooking gas, otherwise known as Liquefied Petroleum Gas, LPG has risen by 25 percent in the domestic market between the fourth quarter (October to December) of 2016 and the first quarter (January to March) 2017.

The rise in price was attributed to inconsistent supply and rising demand. But the Nigeria Liquefied Natural Gas LNG limited which supplies the product to the domestic market said it is committed to delivering 250,000 tonnes of LPG annually.