Big-time rollback on liquefied petroleum gas prices

November 29, 2018

CONSUMERS may expect more than P5 rollback in the price of liquefied petroleum gas (LPG) tomorrow.

After Eastern Petroleum Philippines Chairman and Chief Executive Officer (CEO) Fernando Martinez announced that they will implement a big-time rollback of their LPG by no less than P5 per kilogram which is equivalent to P55 per 11 kilogram cylinder.

Martinez said they will implement a price rollback of their LPG due to a downtrend in the international contract price for LPG.

Major oil firms Petron Corporation and Total Philippines are yet to announce their LPG price rollbacks but they are expected to follow suit.