Consumers would have to pay more for cooking gas as a big-time price hike took effect on Tuesday.
Petron implemented an increase of P7.95 per kilogram of LPG while Shell’s Solane-branded LPG rose by P7.14 per kilogram.
The price hike this month reflected an increase of P78.54 to P87.45 for a regular 11-kilogram LPG cylinder.
According to the Department of Energy (DOE), the common price of 11-kg LPG in Metro Manila stood at P976 in February.
Likewise, Petron increased its AutoLPG price by P4.44 per liter.
The escalation of conflict between Ukraine and Russia has pushed global oil and gas prices as this could disrupt global supplies.*PNA