September 29, 2020
The UAE Ministry of Energy and Infrastructure (MOEI), in collaboration with Emirates Gas and Emarat, today announced a reduction in the price of LPG cylinders by an average of 24 per cent. The decision will contribute to safeguarding the local economy, regulating the quality and price of petroleum products, and addressing any potential safety risks faced by customers.
Emirates Gas will supply its customers in Dubai and the Northern Emirates, while Emarat will supply LPG cylinders to customers in Dubai only. The cooking gas cylinders will now be available for end-user customers at a lower price; AED 60 for the 11kg cylinder, AED 115 for the 22 kg cylinder and AED230 for the 44 kg cylinder. The revised prices (inclusive of VAT and delivery to customers) will be implemented from October 1, 2020.
The reduction in prices demonstrates the Ministry, Emirates Gas and Emarat’s commitment to extend its support to the local community and address any concerns regarding price fluctuation and to ensure consistent value for customers by offering high-quality products at reduced prices.
His Excellency Suhail Al Mazroui, Minister of Energy & Infrastructure, stressed that the strategic decision supports the directives of the nation’s leadership to achieve the highest levels of happiness among the community, and enhance the quality of life in light of the current challenges resulting from the COVID-19 pandemic.
His Excellency Al Mazroui added: "This decision will help in meeting the needs of the local community of the UAE for liquefied gas at reduced prices, which will serve the public interest, and help in the transition from the past fifty years to the next fifty, by turning challenges into opportunities and creating hope, and ambition for a decent life."
His Excellency the Minister valued the cooperation of the Emirates Gas Company, a subsidiary of the ENOC Group and the Emirates General Petroleum Corporation (Emirates), in reducing gas prices, and their societal responsibility that comes in response to changes, and confirms their contribution to providing safe options at an affordable price, as well as providing them with stable value to customers, and high-quality products. .
He added that the decision to reduce the prices of LPG is the result of a detailed evaluation and as part of a future vision to promote societal interests. It also reflects the positive outlook for the economy and the community, as well as the focus on enhancing the country's position globally on various indicators and enhancing augmenting/promoting/increasing? economic competitiveness.
The UAE government is keen to ensure the provision of high-quality LPG that meets security and safety standards to further enhance the quality of life. Regulation of prices by the government is a measure to enrich enhance citizens and residents’ standard of living, added H.E. Al Mazroui.
The Ministry of Energy and Infrastructure aims, through its various initiatives and decisions, to achieve the goals of the UAE Centennial 2071, and to build a "sustainable environment and integrated infrastructure" – one of the main pillars of UAE Vision 2021. The various initiatives also aim to achieve sustainable development, conserve the environment and achieve a balance between economic development and environmental management, as well as increasing the share of clean energy.
His Excellency Saif Humaid Al Falasi, Group CEO, ENOC Group, said: “ENOC Group is committed to the local economy by ensuring a level-playing field for all players in the energy sector. Our continuous efforts to support regulating the prices of LPG cylinders will unify the LPG market and enable customers to purchase LPG cylinders while also alleviating their financial burdens. Our joint efforts will undoubtedly contribute to protecting national interests by curbing illegal trading and unauthorised activities in the petroleum sector.”
His Excellency Ali Khalifa Al Shamsi, Director General, Emarat, said: “As we work with government officials, we are determined to supply safe LPG cylinders. Our customers’ safety and satisfaction is our top priority. We’ve implemented a series of continuous safety measures, direct deliveries and price reduction, and urge all customers to buy the products of authorised parties only.”
His Excellency the Minister valued the cooperation of the Emirates Gas Company, a subsidiary of the ENOC Group and the Emirates General Petroleum Corporation (Emirates), in reducing gas prices, and their societal responsibility that comes in response to changes, and confirms their contribution to providing safe options at an affordable price, as well as providing them with stable value to customers, and high-quality products. .
Emirates Gas and Emarat previously launched a new seal for LPG cylinders that not only adds to the safety of users but also maintains the availability of quality products in the market. The new green seal carries the hologram of Emirates Gas and Emarat, each with a unique serial number to mitigate any illegal distribution of LPG cylinders by unauthorised distributors or private entities.
Emirates Gas and Emarat are the two government authorised entities mandated to fill LPG cylinders through their bottling plants located in Dubai.