Philippines: Department of Energy Commends Key Local Fuel Retailers

Philippines: Department of Energy Commends Key Local Fuel Retailers

Alfonso G. Cusi’s, Secretary of the Department of Energy (DOE) has been working with key fuel retailers in the energy downstream sector to come up with measures to help check inflation.

An additional discount of 25 centavos (P0.25) per liter of diesel fuel are enjoyed by public utility jeepneys (PUJs) at strategically located Shell fuel service stations, which is a result of the meeting called in August by the Energy Secretary, with fuel companies to discuss ways to help unburden consumers amidst rising prices.

As per the Memorandum of Understanding of the DOE with Philippines Shell Petroleum Corporation, Petron Corporation and Phoenix Petroleum Philippines, Inc., which was signed on 1 March 2018, the discount extended by Shell is over and above the Php 1 to 2 discount being availed by public utility vehicles. In areas with a high PUJ density, the additional discount can be availed of in 446 sites of the Shell network.

Sec. Cusi said, “We thank Pilipinas Shell for continuously supporting our efforts to fight inflation. As commodity prices continue to rise, finding immediate remedial measures to help our consumers is of utmost importance.” He expressed hope that that other fuel companies will follow suit. He said “We will work together to find win-win solutions.”  The public was assured by the DOE that it will not waver in upholding consumer welfare, along with determining equitable solutions to address social challenges. PWKD06092018

Last modified onWednesday, 05 September 2018 21:33
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