LPG prices, litre, 12-Sep-2022
LPG prices, 12-Sep-2022: The average price of LPG around the world is 0.75 U.S. Dollar per litre. However, there is substantial difference in these prices among countries. As a general rule, richer countries have higher prices while poorer countries and the countries that produce and export natural gas have significantly lower prices. The differences in prices across countries are due to the various taxes and subsidies for LPG. All countries have access to the same natural gas prices of international markets but then decide to impose different taxes. As a result, the retail price of LPG is different.
No comments: