Repsol Fights Lower Prices

ALM butano lorryThe national energy company, Repsol, has lodged an appeal with the Supreme Court against the Government’s decision to lower the price of butane.

The Ministry of Industry has introduced a new system for the revision of butano bottles, which Repsol argues does not adequately take into account its production costs.

This new system has been responsible for a 19% drop in bombona prices since March.

The last price drop was on the 20th of May when it went down by 10.6% to 14.12 euros per normal domestic gas bottle of butane.

(News: Spain)

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