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LPG prices down starting May 1

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Prices of liquefied petroleum gas (LPG) have gone down as much as P63.25 for11-kilogram cylinder as contract prices of LPG in the world market decreased.

In an advisory, Petron and Phoenix LPG said they implemented a P5.75 per kilogram rollback in LPG prices starting 12:01 a.m. Sunday.

Petron slashed AutoLPG prices by P3.22 per liter while Phoenix LPG cut prices by P3.20 per liter.

Solane-branded LPG also decreased by P5.73 for 11-kg tanks.

Since February, household LPG prices increased by P12.62 up to P13.04 per kilogram, or around P138.82 to P143.44 for a regular 11-kg LPG tank.

According to the Department of Energy, the common price of an 11-kg LPG cylinder in Metro Manila reached P1,099.*PNA

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