Total, Isla hike LPG prices by P7 per kilogram

ABS-CBN News

Posted at Jul 31 2012 07:23 PM | Updated as of Aug 01 2012 03:25 AM

MANILA, Philippines - Isla LPG and Total Philippines announced they will increase the price of liquefied petroleum gas (LPG) by P7 per kilogram.

This means the price of an 11-kilogram tank of LPG will increase by P77.

Isla LPG said the price hike for its Solane products will take effect at midnight, while Total said it will implement the price increase at 6 a.m. on August 1 (Wednesday).

Last week, there were reports of an LPG shortage, but this was denied by the Department of Energy.