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Business May 31, 2026

UMVA Exclusive: Philippines Secures Massive US LPG Haul – Reserve Power Surge Unleashed!

UMVA Exclusive: Philippines Secures Massive US LPG Haul – Reserve Power Surge Unleashed!

UMVA has learned that a staggering 21,000 metric tons of liquefied petroleum gas has just arrived in the Philippines, a move that could shift the nation’s energy balance.

The cargo, a perfectly chilled mix of propane and butane, was delivered to the South Pacific, Inc. Terminal in Calaca, Batangas, where it will be stored in state‑owned facilities until needed.

Acquired through a global commodity trader, the shipment was secured on April 13 under a high‑stakes emergency program designed to fortify the country’s fuel reserves.

Under this initiative, buyers must commit to a minimum of 2,000 metric tons, with no single buyer allowed to take more than half of the total stock, a safeguard meant to keep the market stable and prevent hoarding.

In a statement, a senior executive highlighted that the delivery marks tangible progress in the nation’s effort to maintain steady LPG supplies amid a prolonged energy crisis.

With the new stock, the country’s LPG inventory now covers roughly 41.5 days of demand, a critical buffer as prices surge and supply chains tighten.

Earlier this month, a nationwide spike in LPG prices—over a dollar per kilogram—reflected increased import costs and currency shifts, pushing a standard 11‑kg cylinder to nearly 1,702 pesos.

As the emergency program unfolds, the fresh supply promises to temper price swings, secure household heating, and keep industries running without interruption.

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