The price of liquefied petroleum gas (LPG), the main cooking fuel for about half of Filipino households, is set to rise by at least P30 per kilogram due to ongoing impacts of the Middle East conflict on global fuel costs, industry experts warned Thursday, March 26.
Arnel Ty, founder of the LPG Marketers Association Inc. and president of Regasco, said the increase would add roughly P330 to the cost of an 11-kg LPG cylinder. He noted that suppliers may implement the hike in stages, starting with P20 per kilogram by Saturday, March 28, followed by an additional P10 by April 1. Once fully applied, LPG prices in Metro Manila could reach as high as P1,465 per cylinder.
Supply Remains Stable Despite Price Hike
While the surge in prices marks what Ty called “the highest in history,” he reassured consumers that LPG supply remains sufficient for at least a month. According to the Department of Energy (DOE), LPG prices in Metro Manila currently range from P825 to P1,135 per 11-kg cylinder.
Several major suppliers also confirmed stable inventories. Pryce Gases Inc. reported having stocks lasting until the end of April, while Solane LPG emphasized that it continues to secure and diversify its supply sources to meet consumer demand. The DOE has estimated that existing LPG inventories are enough to last about 24 days, while Ty said suppliers have 30 to 40 days of stock.
Approximately 150,000 metric tons of LPG are consumed in the Philippines every month, with around half of households relying on LPG for cooking. The remainder use alternatives such as wood, charcoal, or kerosene.
Philippines Rises as Key LPG Importer
The Philippines has emerged as the second largest LPG importer in Southeast Asia, according to think tank Fitch Solutions. The country had nearly 14,000 LPG refilling stations in 2023, up from 7,655 in 2020.
DOE data as of September 2025 showed overall LPG demand at about 2,774.43 million liters, with household consumption accounting for around 2,269.64 million liters. Imported LPG comes from countries including Australia, Brunei, China, Hong Kong, Kuwait, Malaysia, Qatar, Singapore, and Vietnam.