ADNOC Distribution announces increase in retail price of LPG cylinders in service stations across Northern Emirates
ADNOC Distribution has announced an increase in price for the refilling of liquefied petroleum gas (LPG) cylinders of 25lbs capacity at its service stations in the Northern Emirates including Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah.
Effective 10 September, the new selling price is AED40 per 25lb cylinder up from the earlier marked retail price of AED27.
Khalid Hadi, Vice-President of Marketing and Corporate Communications, ADNOC Distribution, said: “The new prices reflect the global surge in pricing of this product. We are closely monitoring the world markets as well as following up with all relevant stakeholders in the UAE to guarantee fair implementation of the new pricing. ADNOC Distribution wishes to reiterate our continued commitment to our loyal customers in the Northern Emirates, and ensure them of our priority to provide best-in-class products and services at the most fair prices.”
ADNOC Distribution currently provides more than 3,000 subsidised 25lb gas cylinders daily at its service stations in Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah. Holders of Rahal e-Gas cards in the Northern Emirates are entitled to purchase the subsidised gas cylinders. Rahal e-Gas is issued free of cost by ADNOC Distribution at its offices in Sharjah, Ras Al Khaimah and Fujairah or at select ADNOC service stations across the UAE.
Abu Dhabi National Oil Company
Abu Dhabi National Oil Company (ADNOC) was established in 1971, to operate in all areas of the oil and gas industry and since then has steadily broadened its activity establishing companies and subsidiaries and creating an integrated oil and gas industry in Abu Dhabi. Today, the company manages and oversees oil production of more than 2.7 million barrels a day which ranks it among the top ten oil and gas companies in the world.