(EnergyAsia, June 8) — Business groups are lobbying the Philippine government to stockpile crude oil to meet the country’s consumption and to reduce the volatility in domestic oil prices. The Philippine Chamber of Commerce and Industry (PCCI) said that since the government is the biggest consumer of imported oil, it should build up stockpiles. …
PHILIPPINES: Chamber of Commerce lobbies for crude oil stockpile
Posted on June 8, 2005 by EnergyAsia