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LPG goes up 33 cents per gallon and seven to 12 dollars per hundred-pound cylinder on Thursday

Posted: Wednesday, February 7, 2024. 8:45 pm CST.

By Aaron Humes: The Supplies Control Unit has announced an increase in the price of liquefied petroleum gas (LPG), by 33 cents per gallon.

Prices per hundred-pound cylinder will rise by seven dollars in municipalities and 12 dollars in rural areas.

Increases in acquisition costs for butane and propane drove the change, which goes into effect on Thursday, February 8. The general public is advised that the prices established for imported LPG are based on the mixtures of 70:30 (Propane: Butane) only as per the requirement of the Belize National Standard Specification for Liquefied Petroleum Gas (LPG) BZS 21:2012.

The new prices are as follows: $4.13 wholesale, $5.73 per gallon retail in urban areas and $5.83 per gallon in rural areas. Retail prices are $1.31 per pound in urban areas and $1.38 per pound in rural areas.

This means that a hundred-pound cylinder of LPG will now cost $131 in the towns and cities and $138 elsewhere.

 

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