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Cheaper gas for half of Singapore's households from February

Published on Jan 24, 2013 6:30 PM
 
File photo dated Jan 21, 2013 of the Central Business District skyline, showing the skyscrapers in the city centre, as well as Housing Development Board (HDB) high-rise apartments and private condominiums. Households using City Gas will pay less for their gas from February. -- ST PHOTO: ALPHONSUS CHERN

Households using City Gas will pay less for their gas from February.

City Gas, which pipes town gas to about half the homes in Singapore, said on Thursday that gas prices will be reduced by about 1.5 per cent.

This is the third consecutive time City Gas has reduced its prices. In July and October last year, the company announced a 2.8 per cent and 0.84 per cent drop in gas prices respectively.

City Gas reviews its gas tariffs every three months based on guidelines set by gas industry regulator Energy Market Authority