By Dean Aubrey Caratiquet
As part of various interventions targeted towards alleviating the citizenry’s fuel price and supply woes, the DOE continues to act in accordance with President Ferdinand R. Marcos Jr.’s directive to safeguard domestic energy supply.
In a media release, the Department of Energy (DOE) said that it expects the arrival of two batches of government-procured fuel from Singapore on Tuesday and on Friday.
The third shipment consists of 320,000 barrels or 50.88 million liters of diesel that will arrive in Subic, while the fourth consists of 330,000 barrels or 52.47 million liters that is scheduled to arrive in Davao on Friday.
These shipments comprise part of the 900,000 barrels of diesel that the government has earmarked for the month of April, to ensure adequate supply to run automobiles, industries, and power generation facilities.
Earlier this month, the government took delivery of 329,000 barrels of diesel from Malaysia, which augments the first delivery of 142,000 barrels or around 22.578 million liters from Japan on March 26.
Energy Secretary Sharon Garin said in a statement, “As the Middle East conflict continues to affect global oil markets, our priority is to strengthen the Philippines’ energy security and supply—so that transport, businesses, and everyday life across the Philippines continue to be supported.”
These timely fuel deliveries aim to keep the wheels of commerce and economy turning amid repercussions of geopolitical developments in the oil-rich region that continue to disrupt the energy market.
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