🌏 Asia 4h ago · Isagani de Castro Jr.

How much does the Philippines need to build a strategic petroleum reserve? 

Rappler Philippines
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How much does the Philippines need to build a strategic petroleum reserve? 
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MANILA, Philippines – The current oil crisis has exposed the Philippines’ poor energy security. With fuel supply from the Middle East cut, the country has limited stocks left and no strategic petroleum reserves to tap. 



With over 112 million consumers, policy makers will have to decide, moving forward, whether to have a strategic petroleum reserve. 



A number of developed countries maintain strategic petroleum reserves for energy security. Japan, for instance, had 208 days of

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