Price freeze on household LPG, kerosene

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THE Department of Energy (DOE) has reminded downstream oil industry stakeholders that there is a price freeze on household LPG (liquefied petroleum gas) and kerosene following the declaration of a State of Calamity (SOC) in areas hit by Typhoon Odette in the Visayas and Mindanao.

“For 15 days following the SOC, prices shall remain at the prevailing levels on the date of the declaration,” the DOE said in a statement released Sunday, Dec. 19, 2021.

The DOE said price rollbacks for these products may be implemented, but not increases during the 15-day period.

This is to ensure the continuous and adequate supply of petroleum products during this time of calamity.

As of Saturday, Dec. 18, 2021, the following areas have been placed under a State of Calamity:

1. Bohol Province (Dec. 17)

2. Butuan City (Dec. 17)

3. Cebu Province (Dec. 17))

4. Jose Panganiban, Camarines Norte (Dec. 17)

5. Cebu City (Dec. 18)

The public was urged to report to the DOE non-compliance to the price freeze, with complaints on overpricing to be backed with a certified true copy of receipts to substantiate the claims.

Violators are subject to the penalties provided in the Amended Price Act. (PR)

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