Philippines secures supply deals for 1M barrels of diesel

MANILA, Philippines — The Department of Energy (DOE) has secured contracts for the delivery of 1 million barrels of diesel, just enough to accommodate the country’s consumption for five days. The agreements with suppliers were finalized through the Philippine National Oil Company Exploration Corp., with the shipments seen arriving in the Philippines in the coming weeks. The DOE did not disclose its partner suppliers, but energy officials earlier said the government was exploring all potential providers, not just in Southeast Asia, but also Japan, Canada and the United States. READ: How diesel overtook gasoline in prices Part of P20-B procurement The […]... Keep on reading: Philippines secures supply deals for 1M barrels of diesel

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