Philippines allows temporary use of dirtier fuel amid Middle East crisis
CNA
Only vehicles from model year 2015 and earlier, traditional jeepneys, power plants and generators, and the marine and shipping sectors would be allowed to use Euro-II compliant petroleum products.
MANILA, March 22 - The Philippines has allowed the temporary and limited use of a cheaper but dirtier type of fuel to ensure supply as it finds ways to cope with the impact of the Middle East crisis.
The Department of Energy (DOE) said only vehicles from model year 2015 and earlier, traditional jeepneys, power plants and generators, and the marine and shipping sectors would be allowed to use Euro-II compliant petroleum products.
"The measure is intended to help maintain a continuous, adequate and accessible fuel supply, while allowing limited flexibility for sectors that may be affected," the DOE said in a statement.
It ordered oil companies that will be offering Euro II fuels to maintain segregation from Euro IV across storage, transport and retail systems.
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TOKYO, March 23 : The dollar was poised for a rebound on Monday as retaliatory threats escalated in the Middle East crisis, damping risk sentiment and boosting demand for haven assets.The greenback on Friday closed out its first weekly decline since the start of the war in Iran, as the effect of surging oil p
Only vehicles from model year 2015 and earlier, traditional jeepneys, power plants and generators, and the marine and shipping sectors would be allowed to use Euro-II compliant petroleum products.
Only vehicles from model year 2015 and earlier, traditional jeepneys, power plants and generators, and the marine and shipping sectors would be allowed to use Euro-II compliant petroleum products.
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