DOE: LPG price freeze in Davao de Oro
MANILA, Philippines — The Department of Energy (DOE) said on Wednesday that a price freeze on liquefied petroleum gas (LPG) and kerosene products is in effect in Davao de Oro, which declared a state of calamity on Sunday due to weather disturbances.
According to the DOE, a price freeze will be imposed for LPG tanks 11 kilograms and below, as well as kerosene products over the for 15 days or until February 3.
“A State of Calamity (SOC) was raised in the whole province of Davao de Oro due to flooding/heavy rainfall/rains caused by the “Shear Line Weather System”, the DOE said in its advisory.
“Thus, a price freeze for household Liquefied Petroleum Gas (LPG) in cylinders (11 Kg and below) and kerosene products is now in effect and will remain valid for 15 days upon the declaration of the SOC,” it added.
“Any rollback of prices however shall be implemented while price increases are strictly prohibited within the 15-day period counted from the day of SOC implementation,” it said.