South Africa Expresses Willingness to Assist PH in Sourcing Oil
SOUTH AFRICA – The country expressed its willingness to assist and help the Philippines address the oil problem in the nation.
The Philippines is one of the countries that are greatly affected by the global oil problem. The ongoing war between Russia and Ukraine has contributed to the shortage of oil across the globe. In PH, oil price hikes have started since January.
The series of oil price hikes in the country has brought the prices of diesel and gasoline to go past P90 per liter – truly a burden on the pockets of drivers and commuters. There were some instances of rollbacks but the price decrease is usually not at least half of one price hike.
A lot of drivers of public utility vehicles (PUVs) complain that they can no longer earn due to the high costs of fuel. The prices of goods and commodities also increase amid the high costs of oil in the country.
Russia has previously offered to help the Philippines address its oil problem but the incoming administration and the Russian ambassador have decided to push the talk about it further. Recently, another country, South Africa, expressed its willingness to help PH with its oil problem.
Based on a report on ABS-CBN News, South Africa, through its ambassador Bartinah Ntombizodwa Radebe-Netshitenzhe, offered assistance to the Philippines should it want to source petroleum products from Africa. According to the South African Ambassador, Angola is now the biggest oil supplier in their country.
South Africa is home to four (4) of the largest ports on the continent. Based on the report, they discovered a lot of oil in Angola that could help address the oil problem. Aside from assisting PH in sourcing oil, the country also wants to expand the export of citrus fruits to the country.
The South African Ambassador has not mentioned the response of president-elect Bongbong Marcos regarding the offer. Meanwhile, she was impressed by Marcos Jr.’s knowledge of their country. More updates may be posted soon.
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