Published August 4, 2021, 3:56 PM
Trade and Industry Secretary Ramon M. Lopez has assured the public that there is more than enough supply of medical oxygen (O2) to quell panic, even raising the potential of allowing more importation and a stern warning against hoarding.
“Current industry capacity is about 3 times more than the current demand. There is a surplus from the producers side. The current capacity surplus includes both the medical and industrial oxygen capacity, and the latter can also be allocated to produce medical oxygen if and when necessary,” said Lopez in a message to reporters covering the agency.
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO)