MANILA, Philippines — Prices of liquefied petroleum gas (LPG) in the country may spike up to P119.53 per liter—or around P1,314 per 11 kilogram cylinder—if international fuel prices keep on
Energy Undersecretary Gerardo Erguiza Jr. said such will be the case if oil prices in Dubai reach $140 per barrel. At $120 per barrel, LPG prices are seen at P106.38 per liter while at $130 per barrel, LPG prices are expected to reach P112.95 per liter.
According to DOE’s website, current prices per 11-kilogram cylinder of LPG range from P880.45 to 1140.00 or P80.04 to 103.63 per liter as of March 2022. The projected price of gasoline, diesel, kerosene, and LPG in the Philippines depending on the per barrel price of oil in the global market, according to the Department of Energy.
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