Petron to increase LPG prices on Jan. 1

ABS-CBN News

Posted at Jan 01 2020 12:18 AM

In an advisory, Petron said it will implement a P7.55 per kilo increase on LPG effective 12:01 a.m. on Jan. 1. Jonathan Cellona, ABS-CBN News/file

Petron announced on Tuesday that its LPG price will go up to about P80 for every 11-kilogram tank on New Year's Day, Wednesday.

In its advisory, the oil company said it will implement a P7.55 per kilo increase for LPG effective 12:01 a.m. on January 1.

Meanwhile, its AutoLPG prices will increase by P4.25 per liter.

“These reflect the international contract price of LPG for the month of January,” Petron said.

The rate hike coincides with the increase in prices of gasoline, diesel and kerosene.