00:00The Energy Department says the country's fuel inventory could last up to 50.9 days as of Friday, March 27.
00:07This is longer than the previously estimated 45 days.
00:11Energy Secretary Sharon Garin says the country continues to replenish its stocks while adding new ones to extend the inventory.
00:18While we consume, we can replenish every 10 days.
00:23Same for kerosene, jet fuel, fuel oil, and LPG.
00:28Our supply gives us a level of assurance in the sense that we have a lead time to order for
00:36more while we are consuming for the month of April.
00:41She adds, the Philippines has procured over 1 million barrels of diesel, with 142,000 barrels arrived from Japan on
00:48March 26.
00:50The agency also expects the delivery of barrels from Singapore, Malaysia, North Asia, India, and Oman on the following schedule.
01:01Meantime, Cebu Pacific announces it has secured enough jet fuel to support all domestic and international flights until June 2026.
01:09The airline says it is working closely with suppliers and partners to ensure continued fuel supply and stable operations in
01:16the coming months.
01:19Thank you and everyone you came to mind.
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