DOE STATEMENT: On The Implementation Of Price Freeze On Kerosene In Martial Law-Affected Areas

(Taguig City). Under RA 10623, only the petroleum product, kerosene, is affected by the price freeze being implemented in Mindanao. The price freeze for kerosene will be effective until 7 June 2017, or 15 days from the declaration of martial law.

Such freeze on kerosene is imposed with due consideration to the emergency situation in Marawi City as government forces try to clear the area of Maute Group terrorists. It is also a measure aimed at ensuring the protection of the affected city residents from price manipulations until the situation has normalized.

Gasoline and diesel products are not affected by the price freeze under the law.

Household LPG is included in the list of basic necessities under the same law. However, the price movement for LPG will be applied on June 1. Hence, the implementation of the price freeze for household LPG will also be effective until 7 June 2017.