Business & Economics
Gas price declines in KabulBy Abdul Qadir Siddique Jan 31, 2011 - 15:57
KABUL (PAN): The price of liquefied petroleum gas declined by five afghanis a kilogram in Kabul on Monday, with officials hinting at a further decrease over the next few days.
The wholesale price of one kilo of gas fell from 56 afghanis ($1.23) to 50 and the retail rate from 60 to 55 afghanis, a gas seller in the upscale Shahr-i-Naw locality said.
Qais told Pajhwok Afghan News: "I am happy that the price has come down. According my information, it will decrease further due to more imports."
He sold a kilo of gas for 60 afghanis three days ago, but now the price is 55 afghanis, said a dealer in the Taimani locality, Enayatullah.
A week later, the price would decrease to 46 afghanis at all 30 government stores in Kabul, promised Ahmad Farid, director of the fuel department at the Ministry of Commerce and Industries.