Philippines: Revised Biofuel Accreditation Rules Issued
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The Philippine Department of Energy recently revised its biofuel accreditation guidelines through the issuance of Department Circular No. 2021-06-0014 in order to better ensure compliance with the country’s Biofuels Act. In particular, it includes new required notices of importation and distribution, modified reporting requirements, and enumerates penalties for non-compliance. With a greater enforcement mechanism, Post believes the revised measure has the potential to reduce gasoline consumption by 80 million liters and positively contribute to Philippine GHG reductions should only the current ethanol blend requirement be achieved.