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Macedonia: LPG is sold for 38 denars per liter.

21. December 2007. | 11:17

The price of LPG went up 10 denars in one month
The price of LPG went up 10 denars in one month and revolted citizens who use propane-butane gas as source of energy in their cars. They reacted that LPG is not cheap any more as it used to be and announce to use gasoline as basic source of energy because consumption is higher when they use LPG. According to calculations, if the car consumes 8 liter on 100 km, they need up to 12 liters to go the same mileage. LPG is now sold for 38 denars per liter. “I was able to go 200 kilometers for 500 denars when the price was 28 denars, and now I barely go 130 kilometers for 800 denars,” Laze Bozinovski, taxi-driver from Skopje, says.Drivers who use LPG as source of energy have increased consumption due to cold weather and winter time. “Taxi-drivers will not last long with this price,” Bozinovski says. LPG on the market is not sold according to price established by the Regulatory Commission on Energy, but according to world price of crude oil and market`s current offer and demand. Half of required amount of LPG in Macedonia is provided from refinery “OKTA”, and the rest is provided by more than ten companies – Makpetrol, Technogas, Lukoil, Brilliant and Maria Trade. Distributive company Makpetrol says that LPG on their gas stations is consisted of 65% butane and 35% propane. Purchase is realized over many companies, and the price is formed according to current conditions on the market. Company justifies the new price because LPG is oil derivate in gas condition which emanates in the second phase of the production of crude oil, and price of crude oil is constantly going up. Price of propane went up on world stock markets and now costs 900 dollars per ton. LPG that can be bought on Lukoil`s stations is provided from their refinery in Burgas. Current price of 38 denars is based upon the production price, transport expenses, custom fees and taxes. (Vecer)

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