The latest global data on Liquefied Petroleum Gas (LPG) prices, as of August 4, 2025, reveals major price differences between countries. While the average global price is $0.75 per litre, several countries offer LPG at much lower rates. This variation is mainly driven by domestic gas production, subsidy regimes, and tax policies.
According to data sourced from GlobalPetrolPrices.com, countries like Algeria and Angola continue to top the global list of cheapest places to purchase LPG. In these nations, LPG prices are as low as ₦105 and ₦166 per litre, respectively, far below the global average. These low costs reflect both their abundant natural gas reserves and state-supported pricing mechanisms aimed at easing household energy costs.
Where Cooking Gas Is Most Affordable
As shown in the data, these are the top 10 cheapest countries to buy cooking gas in August 2025:
- Algeria – ₦105.421
- Angola – ₦166.499
- Saudi Arabia – ₦443.517
- Russia – ₦532.866
- Azerbaijan – ₦583.776
- Belarus – ₦599.167
- Australia – ₦602.865
- Honduras – ₦683.149
- Armenia – ₦721.031
- Taiwan – ₦745.552
Clearly, most of these countries are either major energy producers or have strong price regulation mechanisms in place. For example, Algeria and Saudi Arabia both maintain domestic energy subsidies, which significantly lower prices for consumers.
Why Prices Vary So Widely
Every country accesses LPG through the same international market. However, domestic policies, particularly subsidies and taxes, play a significant role in determining retail prices. In poorer or gas-rich countries, governments often reduce or eliminate taxes to make energy more affordable.
On the other hand, wealthier countries typically impose higher levies. This results in higher retail costs, sometimes exceeding ₦1,500 per litre, as seen in parts of Western Europe.
While LPG remains an essential energy source worldwide, local economic policies largely determine its affordability. Countries that produce natural gas or heavily subsidize it continue to offer the lowest prices globally.