DOE pushing for ‘aggressive’ fuel transition plan

MANILA, Philippines – The Department of Energy (DOE) seeks to launch an “aggressive” fuel transition plan meant to reduce the Philippines’ reliance on imported oil. As the Philippines’ exposure to oil volatility was highlighted amid the Middle East war, DOE Secretary Sharon Garin said the proposed plan would focus on the transportation sector as it heavily depends on imported petroleum products. READ: Marcos to DOE: Secure more fuel sources while PH has 45-day supply According to government data, 97 percent of liquid petroleum products—such as diesel, gasoline and kerosene—are imported from Asian refineries. “With one sector having one dominant fuel source, […]...Keep on reading: DOE pushing for ‘aggressive’ fuel transition plan