The UAE’s Adnoc Distribution announced its new retail price of unsubsidized LPG cylinders last week, rising to$12.5 per 25lb cylinder, reported Trade Arabia.

Adnoc’s Vice President of Marketing and Corporate Communications Division, Khalid Hadi, explained: “The new prices reflect the global surge in the pricing of the product.” Nonetheless, he insisted that Adnoc was committed to providing the “best-in-class products and services at the most fair prices to its loyal customers.”

According to Al-Bawaba, Adnoc re-prices its 25lb and 50lb LPG cylinders regularly on monthly basis, recently with an upward trend. It also offers LPG cylinders at subsidized prices for holders of the Rahal e-Gas cards in Abu Dhabi and the Northern Emirates.