Published: Thursday 31 May, 2018

LPG Price Increase: ‘Big Time’ Cooking Fuel Price Hike Effective June 1

Amid the continuous increase in gasoline a diesel prices, a an increase in the price of liquefied petroleum gas (LPG) has been announced. Petron Gasul said the price of its LPG products will rise effective June 1!

Petron Gasul LPG

Petron Gasul LPG prices will increase tomorrow, other LPG companies expected to follow. (iFranchise PH)

This will add more burden to Filipino consumers a majority of whom use LPG for their cooking fuel. And it won’t be a small increase! According to Petron, LPG will increase by P3.40 per kilogram. This means a price hike of P37.40 per 11-kg tank of LPG.

Aside from cooking fuel, the price of AutoLPG will also increase by P1.90 per liter.

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“These reflect international contract prices of LPG for the month of June,” Petron said in its announcement.

Other LPG suppliers have not made a similar announcement but they are expected to follow suit.

Petron LPG price increase

The announcement by Petron. (Twitter)