BY METHEMBE SIBANDA
The Zimbabwe Energy Regulatory Authority (ZERA) has announced an upward review on liquefied petroleum gas (LPG).
Retail price for LPG has been set at US$2.07 up from, US$2.03 and ZWL$268.11 up from ZWL$234.15 per kilogramme according to a statement by ZERA.
“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,” read the statement.
#ZERA Notice: March 2022 LPG Prices @mazeti1@official_MOEPD@InfoMinZW@HeraldZimbabwe@newswireZW@ZBCNewsonline@BusinessTimesZW@ChronicleZim@ManicaPostZim@DailyNewsZim@powerfmzimbabwe@ZTNnews@capitalkfm@ZiFMNews@HevoiNews@Bulawayo24News@263Chat#ZERALPGPrice pic.twitter.com/XJgAP0pmc0
— ZERA (@zeraenergy) March 7, 2022
The LPG price adjustment comes hardly a week after ZERA announced an increase in fuel price.
The energy regulator increased the price of diesel to ZWL$195.99 and US$1.51 from ZWL$168.17 and US$1.44 per litre, respectively.
Petrol now costs ZWL$195.72 and US$1.51 per litre, a significant increase compared to February price that was capped at ZWL$169.91 and US$1.44.