Price freeze on LPGs in Negros in effect due to Kanlaon eruption

Price freeze on LPGs in Negros in effect due to Kanlaon eruption

/ 09:16 PM June 05, 2024

MANILA, Philippines — The Department of Energy (DOE) said on Wednesday that a price freeze on liquefied petrol gas and kerosene products is in effect over two areas in Negros Occidental and Negros Oriental.

This was due to the two areas being placed under a state of calamity after the eruption of the Kanlaon volcano on Monday.

READ: Kanlaon Volcano update: 53 quakes recorded; Alert Level 2 stays

ADVERTISEMENT

“A State of Calamity (SOC) was raised in the entire city of Canlaon Province of Negros Oriental and Municipality of La Castellana, Negros Occidental due to volcanic eruption,” DOE said.

FEATURED STORIES

EXPLAINER: Types of volcanic eruptions 

“Thus, 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.

The price freeze will run until June 18, DOE added.

The department likewise said that price increases are prohibited during the period, while price rollbacks will still take effect.

READ: DSWD distributes P750,000 worth of aid to Kanlaon eruption victims

“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,” the DOE added.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Kanlaon, LPG, price freeze

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.