Philippines Declares National Energy Emergency Over Middle East War
Philippine President Ferdinand Marcos declared a state of national energy emergency on Tuesday, citing risks to domestic fuel supply and energy stability from the Middle East war. The executive order authorizes the Department of Energy to make advance payments of 15% to secure fuel contracts and take action against hoarding or profiteering. Energy Secretary Sharon Garin stated the country would temporarily increase coal-fired power generation to offset soaring LNG costs, as the Philippines relies on imported fuel for 60% of electricity. Indonesia has assured no limits on coal imports. The emergency declaration aims to prevent electricity rate hikes amid global supply disruptions.