Retail gas price slides

Retail gas price would reduce about VND12,000 a 12 kilogram cylinder from today, September 1, announced gas businesses in Ho Chi Minh City yesterday afternoon.

A 12kilogram cylinder of Saigon Petro Company is now priced at VND265,000 (US$12).

The move was made after the world gas price reduced an average of US$330 a ton in September, down US$52.5 over last month.

Since early this year, domestic retail gas price has decreased a total of VND75,000 a 12 kilogram holder.

By Lac Phong – Translated by Hai Mien

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