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LPG was popular in Australia, because it was less than half the price of petrol in urban areas (approx A$0.59-0.75 per litre, as opposed to A$1.10-1.35 per litre for unleaded fuel and A$1.15-1.30 per litre for diesel, in February 2010), and it is locally produced.
The gas price prior to reform was $0.10 US per liter with the quota of 100 liters per month per passenger car. The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter. The energy price reform included a cash-rebate ...
An increase in LPG prices has been a politically sensitive matter in India as it potentially affects the middle class voting pattern. LPG was once a standard cooking fuel in Hong Kong; however, the continued expansion of town gas to newer buildings has reduced LPG usage to less than 24% of residential units. However, other than electric ...
Since 2007, gasoline prices in the UK rose by nearly 40 pence per liter, going from 97.3 pence per liter in 2007 to 136.8 pence per liter in 2012. [61] In much of Europe, including the UK, France and Germany, stations operated by large supermarket chains usually price fuel lower than stand-alone stations.
The most common technology and alternate fuel available in the market for bi-fuel gasoline cars is Autogas (LPG), followed by natural gas (CNG), [6] and it is used mainly in Europe. Poland, the Netherlands, and the Baltic states have many cars running with LPG. Italy currently has the largest number of CNG vehicles, followed by Sweden.
The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world. The investment is over US$19 billion. [2]
As of 2015, petrol excise tax is EUR0.766 per litre and diesel excise tax is EUR0.482 per litre, while LPG excise tax is EUR0.185 per litre. [19] The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world.
Its reserves make Nigeria the tenth most petroleum-rich nation and by far, the most affluent in Africa. In mid-2001, its crude oil production was averaging around 2,200,000 barrels (350,000 m 3) per day. [13] It is expected that the industry will continue to be profitable based on an average benchmark oil price of $85-$90 per barrel. [14]