Metro Manila Fuel Supply Sufficient, Energy Dep’t Says

Metro Manila has sufficient fuel in the duration of the 30-day “lockdown,” which the government formally calls a community quarantine, the Department of Energy announced.

The DoE said the National Capital Region will have a “continuous and sufficient” supply of fuel for the duration of the lockdown until April 14, amid the ongoing government effort to stem the spread of COVID-19.

It estimated the NCR inventory at 2.7 billion liters of crude and oil products as of February 29, or 45 days’ worth of expected consumption, which is above the oil industry’s minimum inventory requirement.

Energy Secretary Alfonso Cusi said, “The entire energy family is working 24/7 to make sure that energy services remain unimpeded.”

The department has asked oil companies to file status reports on stock levels at their depots supplying the region, and report any issues with distribution or instances of hoarding.

Source: https://www.bworldonline.com/metro-manila-fuel-supply-seen-sufficient-for-lockdown-energy-dept-says/

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