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| Marcos signs EO 110 which will roll out emergency measures to respond to the looming crisis |
Philippine President Ferdinand R. Marcos Jr. has declared a national energy emergency amid the global oil supply shortage sparked by escalating tensions in the Middle East.
Marcos signed Executive Order 110 to roll out urgent measures to secure energy supply, protect the economy and speed up the shift to renewable energy while mitigating the impact on ordinary people.
Through EO 110, a group chaired by the President called the
Unified Package for Livelihoods, Industry, Food and Transport (Uplift) will be
set up to cushion the impact of the energy crisis.
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| Basahin ang detalye! |
Uplift will ensure the availability of domestic energy
supply, uninterrupted delivery of essential services, continuity of economic
activity and protection of vulnerable sectors.
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| Basahin ang detalye! |
Committee members include the Executive Secretary and the secretaries of the Departments of Energy, Transportation, Social Welfare, Agriculture, Finance, Budget and Economy.
The committee will monitor the supply and distribution of fuel, food, medicines and other essential goods, while ensuring public transportation, utility and healthcare services continue as normal.
It will also coordinate efforts to maintain economic stability, streamline government processes and develop long-term strategies to reduce dependence on petroleum products such as promoting the use of electric vehicles in public transport.
Marcos said that disruptions in critical supply routes, including the Strait of Hormuz, threaten global oil production and transportation, and pose risks to the country’s security.
There is thus a need to declare a state of national energy emergency to enable the government to implement coordinated measures to ensure a stable and adequate energy supply while mitigating the impact on the economy.
“As a net importer of petroleum products, the Philippines remains highly dependent on external sources of fuel supply and is therefore vulnerable to disruptions in global oil production and transportation, which may affect the availability and timely delivery of petroleum products necessary to sustain domestic energy requirements,” the order read
“The Secretary of Energy has determined that the foregoing circumstances pose an imminent danger of a critically low energy supply and that urgent measures are necessary to ensure the stability and adequacy of the country’s energy supply,” it added.
Concerned agencies are directed to implement measures to cushion the impact of the fuel shortages, while the private sector, civil society organizations and other stakeholders are urged to partner with government to provide logistical and other support measures to help vulnerable sectors cope with the downturn.
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