DOE: LPG price freeze in Negros Oriental due to state of calamity
MANILA, Philippines — The Department of Energy (DOE) said on Wednesday that a price freeze on liquefied petroleum gas (LPG) and other similar products is present over the province of Negros Oriental as it is under a state of calamity.
According to the DOE, the state of calamity was declared due to the effects of the El Niño phenomenon.
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“A State of Calamity (SOC) was raised in the whole Province of Negros Oriental due to the El Niño Phenomenon,” the DOE said in an announcement.
The price freeze on LPG in cylinders 11 kilograms and below, as well as kerosene products, will be effective until May 14.
“Thus, a price freeze for household Liquefied Petroleum Gas 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 DOE added that while price increases are strictly prohibited, rollbacks will be taken into account.
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“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.