Philippines discuss purchase of Russian fuel
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The Philippines is in talks to buy fuel and other “key commodities” from Russia. He stated this in an interview Bloomberg Philippine President Ferdinand Marcos Jr. According to him, the country’s national interests outweigh potential concerns about military action in Ukraine.
Mr. Marcos Jr. said the Philippines wants to diversify its supply chain for food and essential agricultural commodities to keep prices down. He noted that the Philippines is “close” to concluding agreements with Russia and other countries.
“We need to find these new sources of fuel. But this applies not only to fuel, it applies to things like feed, fertilizers and other resources that are simply important to us,” Ferdinand Marcos Jr. explained. He added that the “political side” of the issue “was a little tricky” but “the national interest comes first.”
On negotiations on the supply of Russian fertilizers in August told Russian Ambassador to Manila Marat Pavlov. He said that discussions are being held between Philippine companies and Russian manufacturers. A rise in gas prices of nearly 30% since mid-August has triggered a wave of shutdowns in European fertilizer production capacity.
Details – in the material “Kommersant” “Europe stops producing fertilizers”.
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