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Cut gas price: Council

Thursday, November 09, 2006

The Consumer Council of Fiji has called on Fiji Gas Limited to reduce the price of gas, to reflect the decrease in petroleum and gas prices in the world market.

The council's chief executive Premila Kumar said Fiji Gas Limited, on September 8, increased the price of auto gas from $1.14 to $1.22, an increase of eight cents per litre.

Ms Kumar said while announcing the increase, Fiji Gas stated that gas and oil prices are linked and that gas was considerably cheaper than diesel.

Therefore, Ms Kumar said, the price of oil had decreased in the global market and the link should mean that the price of gas should be reduced accordingly.

Fiji Gas chief executive Harvey Probert said the gas price was reviewed periodically and not every month. Mr Probert said there was an increase in freight rate of $US20 (FJ$34.07) per tonne in October and the company was still finishing its last high price gas.