7 News Belize

Butane Prices Up By $6
posted (June 15, 2009)

The price of butane has gone up again. This nationwide $6 increase on the price of a hundred pound cylinder came into effect last week Thursday – but was only announced today. The last increase was in April, when the price went up by $3. According to government, the adjustment is due to increased acquisition costs for butane gas importers.

We have also been informed by sources within the industry that BNE has started butane production, but are only in the test phase, and are not producing significant volumes at the moment. Those sources tell us that at full production phase locally produced butane is expected to cover 30% of the market, although this may be up to a year away.

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7 News Belize