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Posted: Tuesday, June 16, 2020. 5:30 pm CST.

By Aaron Humes: A 17 percent or 38-cent increase per gallon in the price of Liquefied Petroleum Gas (LPG) represents a “blow to Belize consumers” and exploitation by the National Gas Company and the Government, former importers Gas Tomza, BWEL and Zeta say via press release.

Their statement is essentially “we told you so:” they continue to insist the NGC monopolizes the importation and wholesale of LPG and that the new price regime has been applied to the previous shipment that they say was imported under the former regime.

The former importers concede that the new acquisition price may lead to additional increases but claim that neighboring markets have maintained their prices since March and that the increases here are unjustified and a further blow to a deteriorating economy.

The bottom line, they say, is that people can’t afford either the prices or the reported drop in quality.

The companies do not say if they have been purchasing and distributing the new LPG shipment.

The National Gas Company has issued a response which we will have shortly.

 

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