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HomeLatest NewsThe butane cylinder will drop to 17.66 euros from this Tuesday

The butane cylinder will drop to 17.66 euros from this Tuesday

Date: June 22, 2024 Time: 16:39:03

According to the latest resolution published this Monday by the Official State Gazette (BOE), the price of the butane cylinder will be reduced by almost one euro to 17.66 euros from this very Tuesday. Specifically, the maximum PVP will be reduced by 0.92 euros compared to the 18.58 euros that will be reached on November 15, 2022.

The maximum RRP of liquefied petroleum gases (LPG) in containers of 8 to 20 kilograms (the traditional butane cylinder) is reviewed bimonthly on the third Tuesday of the month, by resolution of the General Directorate for Energy Policy and Mines. The revision is calculated based on the cost of raw materials, propane and butane, in international markets, as well as the cost of freight (transportation) and the evolution of the euro-dollar exchange rate.

Said price revision, upwards or downwards, is limited to 5%, accumulating the excess or defect in price for its application in subsequent revisions. In this way, Royal Decree-Law 20/2022 limits the maximum price before taxes until June 30, 2023, taking as a reference the price set by the resolution of May 12, 2022, of the General Directorate for Energy Policy. and Mines, of 19.55 euros.

The butane cylinder: the alternative to natural gas

LPG packaging is a mixture of hydrocarbons, mainly composed of butane, which serves as an alternative to natural gas for energy consumption in pressure containers, especially in towns or urban centers without connection to the natural gas network. 64.5 million LPG containers of different capacities are consumed annually. This fuel has been in decline from 2010 to 2021, since the total consumption of bottled LPG has decreased by more than 25%.

2023, depending on the climatic zone.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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