Manila, March 27 (AseanAll) — Philippine President Ferdinand R. Marcos Jr. on March 27, 2026 said the government continues to seek other sources of crude oil.
“Pero patuloy pa rin ang ating paghahanap ng supply. Patuloy pa rin ang ating pagsuporta sa ating mga commuter para naman mabawasan ang bigat ng epekto nitong nagkakagulo sa Middle East,” said President Marcos in his message during the opening of Ninoy Aquino International Airport Expressway (NAIAX) – Westbound Off-Ramp to NAIA Terminal 3 Project, in Pasay City.
“Mas mahal ‘yung magpapasok ka ng refined na, na diesel na. At ika niya ay mayroon na tayong supply of crude oil, sufficient supply hanggang June 30,” President Marcos added.
Marcos said he had already had some discussions with Ramon Ang, who is also the president and CEO of Petron, a major fuel company in the Philippines.
“Napag-usapan din namin ni Ramon Ang ang mga pagpasok ng fuel sa atin,” President Marcos said.
“At in terms of crude oil supply, dahil pinapasok nila ang crude oil para i-refine dito sa Pilipinas. Iba ang presyuhan kapag nagpasok tayo ng krudo mismo, ng diesel, kaysa sa nagpasok tayo ng crude oil at tayo ang mag-refine,” President Marcos added.
The President led the opening of the NAIAX – Westbound Off-Ramp to NAIA Terminal 3 Project, a 320-meter-long road in Barangay 183, Pasay City, aimed at decongesting traffic in the airport terminal area and improving access to the airport.
Among those who accompanied the President were Department of Public Works and Highways (DPWH) Acting Secretary Vivencio Dizon; Ramon Ang, Chairman and Chief Executive Officer of San Miguel Corporation; Department of Transportation (DOTr) Acting Secretary Giovanni Lopez; Atty. Jose Arturo Tugade, Executive Director of the Toll Regulatory Board (TRB); and Pasay City Mayor Imelda Calixto-Rubiano.
According to news reports, a shipment of over 700,000 barrels of Russian crude oil has arrived in the country.
