Philippines Considers Building Strategic Petroleum Reserve for Price Stability

Petron Corp. general manager Luben Nepomuceno recommends that the Philippines establish a national strategic petroleum reserve to provide buffer stock and stabilize prices during supply disruptions.

7 Apr, 08:47 — 7 Apr, 08:47

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RapplerMostly Factual145d ago

How much does the Philippines need to build a strategic petroleum reserve?

Petron Corp. general manager Luben Nepomuceno recommends putting up a national 'strategic stockpile' which is a 'best practice in other countries to provide buffer stock and stabilize prices during periods of supply disruption'

By Isagani de Castro Jr.

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Philippines Considers Building Strategic Petroleum Reserve for Price Stability

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How much does the Philippines need to build a strategic petroleum reserve?

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