(EnergyAsia, July 25 2011, Monday) — The Philippines government has begun stockpiling diesel fuel, starting with a purchase of about 50 million litres over the last two months. Philippine National Oil Company – Exploration Corporation (PNOC-EC) has allocated around 2.4 billion peso to acquire its first 50 million litres of diesel stockpile. (US$1=42 peso). In…
PHILIPPINES: Government begins stockpiling diesel
Posted on July 25, 2011 by EnergyAsia