Malacañang said on Tuesday, May 29, that the Department of Energy has given the green light to import “cheaper” diesel fuel from Russia.
“May go signal na mula sa DOE ang pag-angkat ng diesel sa Russia na mas mura,” Presidential Spokesperson Harry L. Roque, Jr. said in a press conference in Bondoc, Mountain Province on Tuesday morning, May 29.
Mr. Roque said he got confirmation from the DoE “last night,” May 28.
He also said the Philippine National Oil Company (PNOC) is beginning some “steps to import cheaper diesel from Russia.”
“It’s never been done before, although the Philippines has imported fuel from non-OPEC (Organization of the Petroleum Exporting Countries) members before,” he added.
The spokesman assured that if the Philippines is able to import cheaper diesel from Russia, “[oil products will be sold][ at a cheaper price to the public.” — Arjay L. Balinbin