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LPG price hike starting November 1 - popnews

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LPG price hike starting November 1

By Fernan Angeles

OIL companies are set to raise the price of their liquefied petroleum gas products starting November 1.

In an advisory, Solane said it will increase its household LPG price by P2.84 per kilogram, representing a P31.24 hike in the price of their 11-kilogram LPG tank. Solane’s price adjustment will take effect 6 a.m. on November 1.

Phoenix LPG, for its part, said it will hike LPG prices by P3.20 per kilogram which translates to an additional P35.2 in the price of an 11-kilogram household LPG cylinder. Phoenix LPG’s price adjustment will take effect 12:01 a.m. on Sunday.

Petron Corp. earlier announced a P3.20 per kilogram price hike in its household LPG and P1.79 per liter hike in AutoLPG, effective 12:10 a.m. on November 1.

Data from the Department of Energy showed the price of an 11-kilogram LPG tank costs between P571 and P731

50920cookie-checkLPG price hike starting November 1

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