Cost Of Gas Cylinder Likely To KD2.5 - KD5 In Near Future
Category: Information
Immigrate to Canada or Australia
Study In Abroad

The committee in charge of reviewing the governmental subsidies has been studying a proposal to increase the cost of cylinder of liquefied petroleum gas, reports Al-Rai daily quoting informed sources. They explained that one of the suggestions is to increase the cost by six times while another is to increase it by three times its current cost.

The committee conducted a study in this regard and discovered that the state bears about KD 4.25 of the actual price of KD 5 for each cylinder of gas irrespective of whether these cylinders of gas are being used in homes, shops or restaurants. The committee also discovered that the total subsidy spent by the government for cylinders of gas is KD 60 million every year.

These facts have led the committee to consider revising the current price of a cylinder of gas which is 750 fils each. The sources said the first suggestion is to increase the cost of a cylinder of gas from 750 fils to KD 2.5, which will save about KD 25 million a year for the state.

However, Kuwait Petroleum Corporation has suggested completely lifting the subsidy of gas cylinder such that each cylinder of gas will cost its actual price of KD 5. The sources said relevant analyses were carried out to discover that the use of cylinders of gas by citizens and expatriates is about 10-15 percent each while 70 percent of the cylinders of gas are used by restaurants, shops and hotels.

They insisted that it is unacceptable for the state to bear such a high cost in favor of commercial companies, as the latter should be paying the actual price of the cylinders of gas, stressing that the subsidy should be directed to only those who deserve it.

The sources disclosed that majority of the members of the committee are considering the suggestion for applying the cost of KD 2.5 per cylinder of gas, adding that some members are thinking of preparing a proposal to exclude private houses from paying KD 2.5 for each cylinder of gas, as they are keen to ensure the subsidy is given to those who deserve it. Meanwhile, the Subsidy Committee is studying a proposal to exempt fishermen and owners of boats from the government’s decision to increase the fuel prices this September such that they will continue to pay the subsidized cost of fuel.



17 Aug, 2016 0 7121
Posted Comments
Popular News
Employee On Leave, Did Not Return To Work – But Comes To Kuwait And Goes Back One of our employees left our company taking 5 days emergency leave and went to India but he didn’t come back for 4 months. We did not cancel his visa assuming it will automatically be void afte... February 21, 2020 0 484 Category: Legal
2 Women Held For Prostitution And Aborting Fetuses Police have arrested two unidentified women, along with the three year- old daughter of one of them, for staying illegally in the country, involving in immoral activities and carrying out abortions in... February 21, 2020 0 469 Category: Crime News
Expats Above 70 Yrs Old Residence Will Not Be Renewed Regardless Of Profession The Public Authority for Manpower (PAM) says the authority has started implementing a decision not to renew work permits of expatriates after reaching the age 70 regardless of their job title or profe... February 21, 2020 0 354 Category: Expats
Crisis Of Filipino Domestic Workers Continue In Kuwait Despite Lifting Total Ban At a time when Manila has lifted the total ban on the deployment of Filipino labor to Kuwait, the crisis of domestic workers is still continues despite the agreement signed by concerned authorities fr... February 21, 2020 0 315 Category: Kuwait
2 Asian Maids Arrested For Making Fun Of Old Lady Cybercrime officers have identified two maids for poking fun at an elderly woman, reports Al-Rai daily. A security source told the daily the two maids published an abusive video clip of their elderly ... February 19, 2020 0 284 Category: Crime News
Expats Online Residence Renewal In Private Sector Begins From 1st March The Assistant Undersecretary of the Ministry of Interior for Residence Affairs Major General Talal Marafi announced the renewal of the residency of expats in the private sector for Article (18) will s... February 20, 2020 0 275 Category: Expats
Expat Will Have To Pay KD2.5 In Fees The CEO of the Health Insurance Hospitals Company ‘Daman’ Dr Muhammad Al-Qana’i said the medical centers in Hawalli and Al-Farwaniya will receive the expatriates and called on everyo... February 19, 2020 0 233 Category: Expats
Minimum Salary To Sponsor Sister On Visit Visa I would like to know the minimum salary required to bring my sister to Kuwait. Name withheld Answer: To bring your sister to Kuwait on a visit visa, you need to earn a monthly salary of KD 500 o... February 19, 2020 1 227 Category: Visit Visa
National Holidays In Kuwait Affected By Coronavirus In some way or another, even the national holidays in Kuwait are affected by the outbreak of coronavirus because most of the decorations and accessories usually come from China, reports Al-Qabas daily... February 19, 2020 0 223 Category: Kuwait
Could Not Return To Kuwait Within 6 Months I went on a vacation in March 2019, due to some family problems I couldn’t return to Kuwait. I have my visa valid till September 2019. What will happen to my current visa, whether I’ll get... February 20, 2020 0 208 Category: Legal
View All
Visit Visa
Visit Visa
Dependent Visa Driving License Project Visa Termination
Civil ID Crime News
Crime News