COOKING gas prices declined by P3.50 per kilogram starting Wednesday to reflect the lower contract price of liquefied petroleum gas for March.
Consumers using an 11-kilo tank will experience lower LPG price of P38.50 per tank. The price of autoLPG also declined by P0.20 per liter.
“Petron will implement a P0.35 per kg rollback in Gasul and Fiesta prices effective 12:01 a.m., March 1. We will likewise decrease the price of Xtend autoLPG by P0.20 per liter at the same time. These reflect movements in the international contract prices of LPG for the month of March,” Petron said.
Energy Secretary Alfonso G. Cusi said that based on the Oil Industry Management Bureau’s international price monitoring, the contract price for March amounts to $564 per metric ton which is $9 lower than the contract price in February of $573 per MT.
Cusi urged the buying public to always check every LPG cylinder to ensure that it is of the right quantity and quality.
“Aside from determining the right price, I encourage the public to also look closely at the quantity of the LPG cylinder by assuring that it is the correct and accurate weight. The quality of the tank should also be taken into consideration especially if it poses certain safety risks,” Cusi said.
The department has issued the following guidelines for LPG to ensure that consumers are protected.
The department urged the public to buy LPG cylinders with proper markings (brand name, tare weight, etc.) from authorized outlets only.
Customers should also check the LPG cylinder for excessive rustiness and dents and ensure that the collar and footring are smooth and properly-welded.
