DOE allows temporary Euro 2 fuel amid Middle East crisis

Amid a fuel supply crisis, the Department of Energy (DOE) has authorized the temporary importation and use of Euro 2 petroleum products, which have higher emissions than the Euro 4 standard. The measure is limited to vehicles from 2015 and earlier, traditional jeepneys, power plants, generators, and marine sectors. President Marcos is in talks with several countries for alternative oil supplies.

The Department of Energy (DOE) issued a circular authorizing the temporary and controlled use of Euro 2 fuels in transport and industrial sectors to conserve depleting reserves amid a fuel supply crisis triggered by the Middle East conflict. The Philippines relies on Middle East crude for roughly 98 percent of its imports, according to the DOE. The measure, adopted after consultations with oil and automotive industries last week, applies only to in-use vehicle models from 2015 and earlier, traditional jeepneys, power plants, generators, and marine and shipping sectors. “We are adopting a prudent and temporary measure to help ensure an adequate and accessible fuel supply for sectors that may require limited flexibility during this period,” Energy Secretary Sharon Garin said. Euro 4 standards remain in force, and oil companies must keep Euro 2 and Euro 4 fuels separate in storage, transport, and distribution. Companies must notify the DOE via the Oil Industry Management Bureau of their intent and specify retail outlets. The DOE will monitor compliance through random sampling and testing, with penalties for violations. A 2015 DOE circular mandated Euro 4 compliance under the Philippine Clean Air Act of 1999. Euro 4 fuels have 50 ppm sulfur content versus 500 ppm for Euro 2; the country switched to Euro 4 in 2016. President Marcos said talks are underway with India, Japan, South Korea, China, Brunei, and Thailand for oil supplies. Fuel subsidies have reached nearly 100,000 tricycle drivers, with more aid nationwide from April 6.

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President Marcos signs executive order declaring national energy emergency amid global oil crisis from Middle East war.
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Marcos declares state of national energy emergency

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President Ferdinand Marcos Jr. declared a 'state of national energy emergency' on Tuesday, March 24, due to the impact of the US-Israel war against Iran on the Philippines' oil supply. Through Executive Order No. 110, he also adopted UPLIFT to mitigate effects on the economy and citizens. It remains in place for one year unless altered by Marcos.

Department of Energy Secretary Sharon Garin stated that the Philippines faces no oil crisis, as fuel supply remains adequate despite record-high prices. She attributed the issue to rising global oil prices, not shortages. The DOE is monitoring distribution and warning against hoarding.

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Following initial DOE warnings earlier this week, local oil retailers in the Philippines will implement double-digit fuel price increases of P17 to P24 per liter starting March 10, amid ongoing Middle East tensions. President Marcos plans to seek emergency powers to cut excise taxes.

The Philippines has approached Russia for possible oil imports amid global supply disruptions, Energy Secretary Sharon Garin said. Fuel inventories are sufficient until April, with talks ongoing with other exporters. The move responds to surging prices from Middle East tensions.

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Fuel prices in the Philippines are set to surge next week due to escalating tensions in the Middle East, according to the Department of Energy. Minimum increases are estimated at P19 per liter for diesel, P9 for gasoline, and P31 for kerosene, though diesel could reach P90 per liter without staggered hikes. The DOE has warned against hoarding and price manipulation.

Die Regierung von José Antonio Kast hat Dekrete zur Anpassung des Mepco erlassen, die ab dem 26. März historische Preissteigerungen bei Benzin und Diesel ermöglichen. Der Schritt reagiert auf die durch den Iran-Krieg bedingten steigenden Ölpreise und die angespannte Haushaltslage, wobei Erleichterungen für Paraffin und Transportunternehmen vorgesehen sind. Der Kongress verabschiedete den Gesetzentwurf nach Verhandlungen, die KMU von Steuererhöhungen ausnehmen.

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A total of 425 out of 14,485 gas stations nationwide were temporarily closed as of March 27 due to the fuel crisis triggered by the Iran war, according to the Philippine National Police. The Cordillera Administrative Region recorded the highest number at 79, while President Ferdinand Marcos Jr. declared a national energy emergency.

 

 

 

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