The Zimbabwe Energy Regulatory Authority (ZERA) has reduced the prices of liquified petroleum gas{LPG} for January 2022.
January prices are a decrease from the retail price for LPG of US$2.14 per kilogramme or alternatively, ZWL$222.95 per kilogramme that were announced in December 2021.
This was a significant increase from the November 2021 prices which were pegged at US$2.05 per kilogramme and ZWL$$202.78 per kilogramme respectively
In a statement ZERA said:
“Stakeholders are advised that the LPG prices for January 2022 calculated according to the Petroleum (Liquid Petroleum Gas Pricing) Regulations 90 of 2021 are as follows:
January 2022
US$ price/kg 2.05
ZWL price/kg 222.32
ZERA also urged operators to clearly display the prices at their retail outlets to avoid confusing customers. The energy regulatory authority insisted that they were not worried if retailers trade with lower prices.
“Operators are advised to display the prices at their retail outlets at a prominent place in clearly legible letters. Please note that it is permissible to sell LPG at prices below the prescribed prices depending on one’s trading advantages,” reads the statement.
It was also advised that the recent petroleum price released can be verified on official ZERA websites like Facebook and Twitter.
