300K barrels of diesel from Malaysia arrived in PH-DOE

Department of Energy (DOE) Secretary Sharon Garin announced the arrival of over 300,000 barrels of diesel from Malaysia has arrived to boost the country’s stockpile of fuel.
The Philippine National Oil Company-Exploration Corp.’s (PNOC-EC) shipment from Malaysia totals 329,000 barrels, or over 52 million liters, of diesel will ensure the country’s continuous supply amid the ongoing war between US-Israel and Iran in the Middle East .
The shipment forms part of the 900,000 barrels of diesel set to arrive in the country this April, which will be delivered in three batches consisting of 300,000 each.
The next two batches of diesel, meanwhile, are expected to arrive by the second and third week of this month.
The second batch will be sourced from North Asia or India while the last batch will be ordered from Oman.
The 900,000 barrels of diesel ordered by the government are also part of a larger order of 1.042 million barrels of diesel, of which 142,000 barrels arrived from Japan last March 26.
In a statement, the Department of Energy (DOE) said the latest delivery is also part of the government’s broader oil diplomacy pursuant to the directive of President Ferdinand Marcos Jr. under Executive Order No. 110.
“This latest shipment from Malaysia further strengthens our supply position at a time when external risks remain and the situation in the Middle East continues to evolve,” Garin said.
“The government is taking deliberate and forward-looking steps to build up available supply, support essential sectors, and help ensure that the country remains prepared for possible disruptions in the global oil market,” she added.
On April 3, the DOE said the country has 75.052 million liters of fuel supply which is expected to be enough for 50 days.
The country currently has 2.516 million liters (47.26 days’ worth) of diesel.
The DOE, meanwhile, said it will continue to pursue all necessary measures, including close coordination with concerned government entities and industry stakeholders, to monitor inventory levels, facilitate the timely distribution of incoming fuel volumes, and prevent supply bottlenecks that may affect transport, logistics, power generation, and other vital economic activities.
The Energy Department also reiterated that the Philippines—as a net importer of petroleum products—remains vulnerable to external developments that may affect both price and supply.
“In response, the government continues to move with urgency and discipline to reinforce fuel availability, maintain orderly market conditions, and safeguard consumer welfare,” it said.






