LPG price rollback
CONSUMERS will experience a sigh of relief following the rollback of prices of liquefied petroleum gas (LPG) effective Saturday.
Major oil firm Petron Corp. implemented a price rollback of P3.20 per kilogram of LPG, inclusive of VAT, which is equivalent to P35.20 centavos for every 11 kilograms of cooking gas tank, while auto LPG at P1.80 per liter, effective at 12:01 a.m. on May 1.
Solane branded LPG also cut the prices of its products by P2.84 per kilogram, exclusive of VAT, at 6 a.m. Saturday.
Independent oil firm Phoenix LPG Philippines Inc. also lowered the cost of its Super LPG at P3.20 per kilogram and P1.80 per liter for its Auto LPG which took effect at 12:01 a.m. on May 1.
Energy sources said the rollback of prices reflects the international contract price of LPG for the month of May.
