Cooking gas supply is expected to stabilize with imported shipments coming in this weekend, but both the government and industry stakeholders were noncommittal on whether prices would also be adjusted downwards.
In a press conference Monday, the Energy department and major liquefied petroleum gas (LPG) sellers the shipments would arrive on Jan. 25.
Independent retailers led by the LPG Marketers Association (LPGMA) have complained of tightness in supply that has affected 30% of their operations. LPGMA supplies around 30% of the Luzon market.
“The supply situation is normalizing. We have also ironed out problems in the LPG distribution line. The suppliers, importers and refiners on Jan. 25 are expected to have an increase in importation of LPG,” Energy Secretary Angelo T. Reyes said.