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Latest Analysis / East of Suez Oil Service

EA #442-Philippines’ Transport Fuel Import Dependency to Grow in the Long Term

Published: 4 December, 2020

Highlights:

  • The refining business in the Philippines remains challenging amid the ongoing pandemic. Shell’s Tabangao refinery was the first COVID-19 casualty in Asia. The closure was in line with the company’s overall strategy to scale down its global refining business.
  • Although Petron is publicly ...

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