The Bureau of Customs (BOC) has ordered all ports and district collectors to prioritize the clearance and distribution of petroleum products to safeguard the country’s energy supply amid global risks from the Middle East conflict.
BOC Commissioner Ariel F. Nepomuceno directed that diesel, gasoline, aviation fuel, and LPG shipments receive priority berthing, unloading, and processing while coordinating closely with the Department of Energy (DOE) and other agencies to prevent bottlenecks.
District collectors are also tasked with monitoring fuel import volumes and inventory levels at terminals, refineries, and depots, providing daily reports to the BOC’s Oil Inventory Level (OIL) Task Force.
Current data shows the Philippines now holds about 45 days of fuel supply, with gasoline at 53 days, diesel at 45 days, and kerosene at 97 days.
Energy Secretary Sharon Garin added that the government will spend ₱20 billion to procure two million barrels of diesel from alternative suppliers to bolster reserves.
Source: PhilNews24 | March 26, 2026
Latest from Business
The government will begin construction this year of a P5-billion dedicated cruise terminal in Entertainment City
Diesel prices are expected to go down next week, while gasoline prices may continue to increase
Dermorepubliq, a TikTok Philippines science-based skincare brand, won Gold at the 2026 Asia-Pacific Stevie Awards for
Former finance secretary Gary Teves has called for a comprehensive review of the government’s Lifeline Rate
Inflation in the Philippines accelerated to 7.2 percent in April, driven by rising fuel and food
