The last time we told you about a change in the price of LPG gas, or butane as it is known was back in 2015. At the time the price was pegged at a very low eighty two dollars for a hundred pound cylinder of butane.
Well, today the Bureau of Standards sent out the new controlled prices, and it represents an 18% increase. Effective tomorrow, the new price per hundred pound cylinder in the city will be 97 dollars.
For BNE butane, the controlled price will be $85.00 per hundred pound cylinder.
Previously, there was also a controlled price for LPG imported from Mexico, but the sole importer of that product has sold out to the Central American companies, TOMZA, BWEL and ZETA who now monopolize the supply of LPG imported into Belize.
According to a release from the Bureau of Standards, the imported LPG is required by law to be a mix of 70% propane and 30% butane.