Adnoc to sell cooking gas at reduced prices

Adnoc to sell cooking gas at reduced prices
By Sebugawaawo Ismail (Our staff reporter)KHALEEJ TIMES 7 April 2008

RAS AL KHAIMAH — Residents of Ras Al Khaimah will soon get a chance to buying cooking gas at reduced prices as Adnoc will soon start selling LPG at its fuel stations in the emirate.

Senior officials from Adnoc have confirmed that the company has made the necessary arrangements and have got approvals from the Ras Al Khaimah Department of Economic Development (DED) to open up cooking gas outlets at seven Adnoc stations in Ras Al Khaimah.

The official said that the move comes following several requests from officials of the DED and RAK residents to start selling cooking gas in the emirate as the existing cooking gas companies and distributors in the emirate were arbitrarily increasing the prices on the pretext of having paid more for procuring gas from their suppliers.

Hassan Hamad Al Shamsi, Deputy Director-General, Department of Economic Development, said that after several complaints from the residents about the arbitrary price hikes by gas suppliers, they had decided to hold monthly meeting with them and set the prices to protect the consumers.

He stressed that in their last meeting, which was held in March, the price of a standard 22kg cylinder was fixed at Dh86, the 11kg cylinder at Dh43 and 44kg cylinder at Dh172.

“We have been trying to fix these prices fairly to see that no party is cheated but still the prices of cooking gas in Ras Al Khaimah are very high compared to other emirates,” said Al Shamsi.

He noted that Adnoc will soon start selling cooking gas in the emirate and the gas prices are expected to come down as this was agreed upon by both the Ministry of Economy, DED and Adnoc officials in the emirate, to fix prices according to the company policies.

He explained that Adnoc price in Abu Dhabi is Dh35 for a standard cooking gas cylinder and Dh22 for the smaller one, which is far lower than the current rates charged by gas companies and distributors in Ras Al Khaimah.