ADNOC Distribution Announces Reduction of Retail Price of Unsubsidised LPG for Month of May
Abu Dhabi, 10 May, 2017: ADNOC Distribution has announced a reduction of the retail price of unsubsidised LPG cylinders for the month of May 2017 in all service stations in the UAE.
As per the announcement that is set on the 10th of every month, the new reduced retail price is as follows: AED 45 per 25lb, reduced from the earlier marked retail price of AED 52; AED 90 per 50lb, reduced from the earlier marked retail price of AED 104; and AED 180 per 100lb, reduced from the earlier marked retail price of AED 208.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: “Our competitive LPG cylinder prices are re-evaluated every month bearing in mind the interests of consumers and household customers in the UAE while taking into account fluctuations in international prices for the product. In cooperation with the concerned entities in the country and taking into account the rights of all stakeholders, ADNOC Distribution is keen to apply the new prices as economically as possible.”
For holders of Rahal e-Gas cards, ADNOC Distribution offers LPG at subsidized prices - AED20 for 25lb and AED30 for 50lb, across Abu Dhabi and the Northern Emirates.
In the UAE, ADNOC Distribution owns a wide network of service stations, Oasis 365 stand-alone retail concepts, Autoserv car care centres, Salama vehicle inspection centres, multi-product depots and aviation fuel depots. Throughout the GCC, the wider Middle East, Far East, Africa, and the CIS countries, ADNOC Distribution markets lubricants for passenger car and heavy duty diesel engine lubricants under the sub-brand ADNOC Voyager, as well as greases and lubricants for industrial, marine and other applications.
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