Latest Breaking News On - Uot cusi said at the virtual kapihan sa manila bay forum with marichu villanueva renewed his appeal to everyone quot observe energy efficiency and conservation measures during this critical period russia ukraine situation - Page 1 : comparemela.com
Energy Secretary Alfonso G. Cusi (File photo) MANILA - Department of Energy (DOE) Secretary Alfonso G. Cusi on Wednesday assured the public on the sufficiency of the country's oil supply amid the Russia-Ukraine conflict. Cusi, however, cautioned against the inevitability of domestic price spikes, reflecting upward global market movements. "We are not lacking in supply given that we source our crude oil requirements primarily from the Middle East, and finished products from Asia-Pacific. However, the impact of the Ukraine crisis on international oil markets does have a direct effect on our prices," Cusi said at the virtual Kapihan sa Manila Bay Forum with Marichu Villanueva. Cusi renewed his appeal to everyone "to observe energy efficiency and conservation measures during this critical period." The Russia-Ukraine situation, Cusi said, further underscores the importance of attaining energy security and independence for a country like the Philippines. "Our cou