Japan Backs PH Bid to Strengthen Fuel Reserve System

Japan backs PH bid to strengthen fuel reserve system

MANILA, Philippines – Japan has committed to backing the Philippines’ target to beef up its fuel reserve capacity, as the Middle East war has exposed the latter’s vulnerability. Currently, the Philippines has begun working on a strategic petroleum reserve program, which would include the construction of new stockpiling facilities. READ: Marcos seeks Japan’s aid in

Japan to support PH oil stockpiling program

The Japanese government has pledged to support the Philippines’ planned petroleum reserve program amid the energy crisis caused by the tensions in the Middle East.