Price of LPG goes up | Inquirer Business

Price of LPG goes up

/ 07:37 AM August 02, 2013

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MANILA, Philippines—Major sellers of liquefied petroleum gas (LPG) raised their prices on Thursday to reflect movements in the international market.

In a text advisory, Petron said it raised its LPG price by P1.55 per kilogram (excluding VAT) at 12:01 a.m. on Aug. 1.

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Solane, formerly known as Shellane, raised its gas prices by P1.50/kg at 6 a.m.

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As of last week, LPG was priced from P617 to P745 per 11-kg cylinder, according to the Department of Energy (DOE).

The increase in LPG prices followed a rollback in gasoline prices over the weekend. Riza T. Olchondra

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TAGS: liquefied petroleum gas, LPG, Petron

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