Fresh LPG imports to stabilize supply to 50 days - DOE

MANILA, April 15 ------ The Philippines’ supply of liquified petroleum gas (LPG) has returned to a comfortable 50-days worth of stockpile after fresh imports replenished the stock of cooking gas, the Department of Energy said.

The level of the Philippines’ in-country LPG stood at 36 days worth of stock earlier this week, Energy Secretary Sharon Garin told Palace reporters. Kerosene stock is good for 105 days, gasoline stands at 57 days, while diesel is at the 49-day level, according to data from the DOE. “We have made an order, additional order yesterday morning (April 13) and I think we will reach about 50 days by today (April 14) also on average,” Garin said. “So, maganda pa naman iyong supply level natin but that will depend also on what will happen with the Strait of Hormuz, anong availability ng oil sa ibang countries,” she added.

The DOE is working on “long-term solutions like fast-tracking solar rooftop [systems] and net metering” to reduce the Philippines’ dependence on oil, the Energy chief said.

Source: news.abs-cbn.com