MANILA, Philippines— The price of liquefied petroleum gas (LPG) has dropped starting May 1, reflecting movements in the international market.
In an advisory, Petron said it would implement a P5.75/ kilogram rollback, which already includes the value-added tax (VAT) starting at 1 a.m. on May 1. Likewise, AutoLPG prices will also drop by P3.22 per liter.”
These reflect the international contract price of LPG for the month of May,” Petron said. In a separate advisory, Solane said the price of its branded LPG would also drop by P5.73, inclusive of VAT, starting at 6 a.m. on May 1.
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