Cooking gas price hiked for first time this year

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Prices of liquified petroleum gas (LPG) were increased early Tuesday by P2.50 per kilogram, or an P27.50 for an 11-kilogram tank.

The price hike for cooking gas is the first this year.

Petron Corp. raised the prices of its cooking gas brands Fiesta and Gasul by P2.50 per kilogram and their Xtend brand for auto-LPG products by P1.56 per liter.

Isla LPG Corp’s Solane and Total Philippines also raised its price by P2.50 per kilo.

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The hike has been going on for the month of June because of the rising civil war in Syria, and speculations of the involvement of other oil-producing Middle East countries.

Other countries which increased cooking gas prices include Pakistan, India and Bangladesh.

KRISTYN NIKA M. LAZO

 

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