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Philippines moves to secure emergency access to oil in Indonesia, Thailand

Katherine Langford
Editor-in-Chief · Saturday, November 14, 2026 at 3:00 PM · 1 min read
Philippines moves to secure emergency access to oil in Indonesia, Thailand — Shanghai Business news

PNOC Exploration signs letters of intent with Indonesian, Thai storage tank operators Representatives meeting in Manila on Nov. 14 sign letters of intent on emergency oil access for the Philippines. (Photo by Yuki Fujita)

The Details

November 14, 2026 23:20 JST

MANILA -- Companies from the Philippines, Indonesia and Thailand on Saturday signed deals to explore arrangements for tapping reserves of petroleum products in emergencies.

Indonesia, Thailand, Philippines to set up shared oil reserves Interview ASEAN needs oil reserve for energy security: secretary-general International relations ASEAN, Quad leaders meet at Manila summits: 5 things to watch Commodities Russian crude oil prices jump on China, India demand Commodities Uranium price hits record as AI demand prompts nuclear comeback Latest on Energy Energy Japan oil companies keep profits growing despite Hormuz closure Energy Indonesia, Thailand, Philippines to set up shared oil reserves Energy Fuel prices drive Japan, Europe electricity futures to 4-year high Sponsored Content About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

About This Story

Local news from Meridan Report — Shanghai

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Shanghai

Section

Business

Published

Saturday, November 14, 2026

Reading Time

1 min

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