First Russian Oil Shipment in 5 Years Arrives in The Philippines as Energy Crisis Deepens

Photo courtesy: Department of Energy

MANILA — A tanker carrying 100,000 tonnes of ESPO blend crude from Russia’s Kozmino port has docked at Petron’s refinery in Limay, Bataan, marking the Philippines’ first Russian oil import since 2019. The Sierra Leone-flagged Sara Sky arrived on March 23 at 2 p.m., according to shipping tracker Marine Traffic.

The move comes amid heightened concerns over supply disruptions as Iran’s conflict with the United States threatens passage through the Strait of Hormuz. Traditionally reliant on Middle Eastern oil, the Philippines is seeking alternative sources to cushion against price volatility and shortages.

Energy Secretary Sharon Garin confirmed that Manila is exploring all supply options, including Russia and China. President Ferdinand Marcos Jr. told Bloomberg the government is “trying anything, everything to secure supply,” despite cost challenges. He acknowledged Russia is not a traditional supplier but emphasized the urgency of diversification.

The shipment was made possible by a temporary 30-day U.S. waiver on sanctions for Russian oil cargoes already in transit, expiring April 11. Parallel talks are also underway with suppliers in Thailand, Japan, and Singapore.

To address the mounting risks, Marcos declared a national energy emergency through executive order, enabling faster procurement, advance fuel payments, and measures to safeguard the movement of essential goods. The order will remain in effect for one year.