LPG Prices Surge at Start of February

Manila: February greeted consumers with higher prices of liquefied petroleum gas (LPG). In separate advisories, Petron and Solane-branded LPG products increased prices by 70 centavos and 73 centavos per kilogram, respectively, starting Saturday. "This reflects the international contract price of LPG for the month of February," Petron said.

According to Philippines News Agency, the adjustment translates to a PHP7.70 to PHP8.03 increase for a regular 11-kilogram household LPG cylinder. Cleanfuel also announced that its automobile LPG price went up by PHP0.35 per liter.

Data from the Department of Energy showed that an 11-kilogram LPG tank in Metro Manila before the new price hike ranged from PHP860 to PHP1,140, while the common price of auto LPG stood at PHP42.55 per liter.