Why the cost of gas is going up - News Summed Up

Why the cost of gas is going up


[Kipsang Joseph, Standard]Kenyans are reeling from the high cost of cooking gas following a sharp rise in the price of essential fuel. VAT is compounded… if the cost of the gas per tonne goes up, VAT will also go up. “The increase in the cost of cooking gas has been astronomical. “Many households are also thinking about alternatives to the gas, meaning we are eroding the gains we have made in increasing the uptake of cooking gas. Currently, vessels importing cooking gas have to use the African Gas and Oil Company terminal, which is privately owned, hence limiting how much government can intervene in terms of pricing.


Source: Standard Digital January 24, 2022 05:54 UTC



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