(EnergyAsia, September 30 2010, Thursday) — Under pressure from cheaper imported fuel, the Philippines may be forced to shut down the operation of one of its only two oil refineries. At a recent Congressional hearing, Energy Secretary Rene Almendras said that China’s moves to boost its refining capacity may make it more viable for the…
PHILIPPINES: Cheap imported fuel may force one refinery to close
Posted on September 29, 2010 by EnergyAsia