The Department of Energy also says the government is purchasing 21,000 metric tons of liquefied petroleum gas (LPG), which is set to arrive by late May
MANILA, Philippines – The Philippine government is set to receive two diesel shipments containing around 600,000 barrels within the week, the Department of Energy (DOE) announced on Monday, April 20. The diesel shipments were procured by the Philippine National Oil Company (PNOC) under the government’s Emergency Energy Security Program. The Philippines’ average daily demand for diesel is around 205,000 barrels so the two shipments of diesel will add roughly three days to the country’s diesel supply.
According to DOE Undersecretary Alessandro Sales, the first shipment of 320,000 barrels or 50.88 million liters will arrive at the Subic Terminal on Tuesday, April 21. Meanwhile, the second shipment – containing 330,000 barrels or 52.47 million liters of diesel – will be delivered at the Insular Oil Depot in Davao City on Friday, April 24. Sales also announced that the PNOC confirmed the procurement of 21,000 metric tons of liquefied petroleum gas (LPG) which will be sourced from the United States and will pass through Singapore.
“This LPG will arrive, the delivery window is somewhere from the third week of May to the last week of May,” he said. Energy Secretary Sharon Garin earlier said the government is hoping to boost the country’s LPG supply since inventory was rather low. As of Friday, April 17, the country’s inventory of LPG was expected to last 40.26 days. The country’s total fuel inventory can last up to 52.02 days, slightly higher than the previous week’s 50.31 days. – Rappler.com Must Read Demand destruction: How surging pump prices can destroy local fuel demand
