ASEAN to ratify petroleum security deal, DTI chief says

MANILA — ASEAN is pushing forward the ratification of a framework agreement on petroleum security, the Philippine trade minister said on Thursday. “APSA, or the ASEAN Petroleum Security Agreement, is being pursued to enable coordinated emergency fuel sharing and collective responses to supply disruption,” Philippine Trade Secretary Cristina Roque said during an online briefing. Roque said…

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Marcos urges ASEAN to activate fuel-sharing pact

MANILA — Philippine President Ferdinand Marcos Jr. on Wednesday called for the immediate activation and testing of the ASEAN Petroleum Security Agreement (APSA), saying it should be implemented while there is an oil crisis due to the Middle East conflict. Speaking at the Asia Zero Emission Community (AZEC) Plus online summit hosted by Japan, Marcos said the […]

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