LPG, Auto LPG to increase P7.95 per kilogram, P4.44 per liter starting March 1

By: Zacarian Sarao - 2 years ago

FILE PHOTO: A man delivers cylinders of liquefied petroleum gas in Manila on August 6, 2011. – Prices of liquefied petroleum gas or LPG are set to increase on March 1, 2022, reflecting movements in the international market. AFP PHOTO / JAY DIRECTO

MANILA, Philippines — Prices of liquefied petroleum gas (LPG) are set to increase on March 1, reflecting movements in the international market.

Petron Corp. said in an advisory said that it will adjust the prices of LPG by P7.95 per kilogram or P87.45 for the standard 11-kilo cylinder and AutoLPG by P4.44 per liter effective Tuesday.

“These reflect the international contract price of LPG for the month of March,” explained Petron.

ADVISORY: Petron will implement a P7.95/ kg increase (VAT-incl) in LPG prices effective 0001H March 1; AutoLPG prices will likewise increase by P4.44 /li at the same time. These reflect the international contract price of LPG for the month of March. Thank you. pic.twitter.com/qOYsWiVhC3

— Petron Corporation (@Petron_Corp) February 28, 2022

Data from the Department of Energy (DOE) shows that the household LPG prices in Metro Manila ranged from P794 to P1054 per 11-kilogram cylinder as of February 1 with a common price of P976 which was last monitored on February 2-10.

From January to February, LPG prices increased by P4 a kilo for the standard 11-kilo cylinder while auto LPG likewise increased by P2.23 to P2.24 per liter.

KGA