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PH Secures Additional 21,000 MT of LPG from Texas to Boost Supply

Batangas: The Philippines' liquefied petroleum gas (LPG) supply has received a significant boost with the arrival of approximately 21,000 metric tons (MT) of LPG. This recent acquisition is part of the Department of Energy's (DOE) Emergency Energy Security Program, ensuring that the country's LPG supply is now adequate for nearly 42 days.

According to Philippines News Agency, the shipment landed at the CISC Industrial Park, South Pacific Inc. (SPI) Terminal in Barangay Salong, Calaca, Batangas on May 30. The cargo comprises an equal mix of refrigerated propane and refrigerated butane, procured by the Philippine National Oil Company (PNOC) from Enterprise Port in Texas, United States, via Trafigura Pte. Ltd.

DOE Secretary Sharon Garin, during a briefing held on Monday, emphasized that the additional LPG supply provides reassurance of a stable domestic supply, which is crucial not only for household consumption but also for restaurants and manufacturing sectors.

DOE Undersecretary Alessandro Sales further explained that the unloading process will take four to five days, and this delivery will extend the domestic supply by approximately four days. The legal requirement for domestic LPG supply is around seven days, and with this new shipment, the supply level is now about six times that mandate.

Sales also mentioned that petroleum prices have shown some stability recently due to developments in the Middle East, which have been received positively by the markets. Despite this, he warned that prices remain unpredictable, highlighting the PHP3.41 per kilo increase in LPG prices slated for June 2026.