Connect with us

Hi, what are you looking for?


Senate approves LPG bill on second reading

THE SENATE on Wednesday approved on second reading a measure outlining the regulation of the liquefied petroleum gas (LPG) industry.

The chamber approved Senate Bill No. 1955 which aims to set a national policy and regulatory framework for the LPG industry.

The bill also aims to “uphold the right of consumers to freely choose the LPG trademark or tradename they want to purchase” and improve competition in the LPG industry, which sells the leading form of cooking fuel to the consumer market.

Under the measure, the Department of Energy is tasked with the policy’s implementation, drafting the LPG Industry Development Plan, and ensuring compliance with safety standards.

The bill also provides for a program which allows “end consumers to exercise their freedom of choice in the purchase of LPG through cylinder exchange and cylinder swapping,” regardless of the brand carried by their individual cylinders.

The measure also calls for an LPG Cylinder Improvement Program, to upgrade the quality of cylinders in circulation.

The bill requires industry participants to be licensed and registered, particularly owners and operators of centralized LPG systems. It also sets penalties for underfilling, illegal refilling, and hoarding. — Vann Marlo M. Villegas

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



  Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to publish their...


Notice of Annual Stockholders’ Meeting Notice is hereby given that the Annual Stockholders Meeting will be held on Monday, June 20, 2022 at 8:30...


Ferdinand R. Marcos, Jr speaks to foreign correspondents at his headquarters in Mandaluyong City, Philippines, May 11. — REUTERS By Kyle Aristophere T. Atienza,...


FORMER Socioeconomic Planning Secretary Arsenio S. Balisacan, former Labor Secretary Bienvenido E. Laguesma and migrant workers’ rights advocate Susan “Toots” Ople have accepted presumptive...


By Revin Mikhael D. Ochave, Reporter THE Philippine economy may expand at a slower pace if it fails to become a member of the...


Containers are seen at the Manila port area. — PHILIPPINE STAR/ EDD GUMBAN VARIOUS business groups, which include shipping companies, truckers, exporters, and customs...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.