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Former importers claim prices of butane has increased 25 percent under “LPG monopoly”

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Posted: Wednesday, October 7, 2020. 3:11 pm CST.

By Aaron Humes: The former importers of butane gas in Belize continue to complain loud and long about being shut out of the LPG import business, claiming they can provide more competitive prices.

Rural areas of Belize have seen a 25 percent increase in retail prices since April, from $3.55 to $4.46 per gallon, with a similar increase for urban areas.

However, prices internationally are stable, and the increase over the last six months, according to Attorney for Gas Tomza, Belize Western Energy and Zeta Gas, Audrey Matura, is to ensure that the National Gas company Limited makes a profit in addition to its “special” monopolistic treatment by the Government.

The companies continue to pursue their claims in court and in a press statement said they hope the next government of whatever stripe will take a look at the situation.

We will have much more from Matura’s press conference in Belize City later on.

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