Manila: The Department of Energy (DOE) announced on Monday that the Philippines maintains a sufficient fuel supply, with current reserves expected to meet the country's needs for the foreseeable future. Energy Secretary Sharon Garin reported that as of April 24, the nation holds an average of 54 days' worth of fuel, ensuring stability amid ongoing global uncertainties.
According to Philippines News Agency, DOE data reveals specific supply durations for various fuel types: gasoline for 53.01 days, diesel for 54.61 days, kerosene for an impressive 168.74 days, jet fuel for 70.83 days, fuel oil for 67.55 days, and liquified petroleum gas (LPG) for 38.44 days. Secretary Garin highlighted the positive trend in LPG supply, attributing it to a consolidated order from U.S. suppliers set to arrive in May.
In a separate announcement, the DOE confirmed the arrival of all four diesel shipments secured under the government's Emergency Energy Security Program. These shipments, totaling 178.33 million liters, are part of efforts to bolster the country's fuel reserves amid geopolitical tensions, particularly in the Middle East. The shipments were facilitated by Executive Order No. 110, under President Ferdinand R. Marcos Jr., which mandates protective measures for domestic energy security.
The diesel shipments included 142,531.23 barrels from Japan, which landed in Batangas on March 26, 2026. Subsequent arrivals were recorded in Subic and Davao City, with substantial volumes ensuring a responsive fuel buffer against ongoing global market volatility. Secretary Garin emphasized the government's proactive stance in safeguarding the nation's energy needs against unexpected geopolitical developments.
In terms of pricing, Secretary Garin announced upcoming rollbacks for diesel and kerosene, with diesel prices set to decrease by PHP12.94 per liter and kerosene by PHP15.71 per liter. Conversely, gasoline prices will see a slight increase of 53 centavos per liter. Oil companies are required to adhere to these adjustments.
Regarding energy supply alerts, DOE Undersecretary Rowena Guevara stated that there are currently no indications of yellow alerts for May. She noted that while unforeseen plant outages can lead to alerts, the current dependable capacity and forecasted demand suggest a stable outlook.
