Petron to roll back LPG prices effective May 1

Petron Corp. on Saturday announced a big-time rollback in the prices of its household and auto liquefied petroleum gas (LPG) products.

In an advisory, Petron said it will implement a P5.75 per kilogram rollback in household LPG prices, effective 12:01 a.m., May 1, 2022.

The price adjustment is equivalent to a price reduction of P63.25 for a typical 11-kilogram cylinder.

Data from the Department of Energy showed retail prices of an 11-kilogram LPG tank range between P915.75 and P1,135.75.

Petron also announced that its AutoLPG prices will decrease by P3.22 per liter at the same time.

“These reflect the international contract price of LPG for the month of May,” the company said. —LBG, GMA News