MANILA — The Philippines has already approached Russia for possible oil importation, the country’s energy secretary said on Monday.
- Secretary Sharon Garin gave no details on possible volumes and duration and said Manila was awaiting Moscow’s response
- State-run Philippine National Oil Company has contacted Russian oil companies
- Garin said Philippines‘ existing contracts with China are not affected by a ban on refined fuel exports
- Philippine companies have long-term oil export contracts with China, she said.
- In 2025, the Philippines imported 1.8 billion litres of diesel from China, which is 28% of local industry demand
- Garin said the Philippines has sufficient fuel inventory until April
- Philippines talking with oil exporters like Thailand, Japan, and Singapore to ensure supply
—Reporting by Nestor Corrales; Editing by Martin Petty
