Liquigas said in a statement on Wednesday that following a meeting with the Minister for Energy and the Regulator earlier in the day, it was mutually agreed that it would sell its 12 kilogram cylinders at €15.
The regulator announced the lower prices on Tuesday, but later in the day Liquigas said it would not be reducing rates before a meeting with the regulator.
The regulator said on Tuesday gas cylinders will cost €15 instead of €16 while 25kg cylinders will go down by €2.05 - from €33.30 to €31.25.
The decrease follows a substantial drop in oil and gas prices over the past week as coronavirus slowed economic activity worldwide.