The Philippine National Oil Company (PNOC) is looking for buyers for 21,000 metric tons of liquefied petroleum gas (LPG). The state-run firm issued a public invitation for interested parties to submit bids for the purchase of the fuel, which is stored at its facility in Limay, Bataan.
The LPG is part of PNOC's inventory and is available for immediate sale. The company said the tender is open to all qualified local and international buyers, with the submission deadline set for July 15, 2025.
According to PNOC, the sale follows its mandate to manage the country's energy resources efficiently and ensure the availability of LPG at competitive prices. The move is expected to help stabilize domestic LPG supply and prices.
Interested bidders must meet the eligibility requirements outlined in the tender documents, including proof of financial capability and technical experience in handling LPG. The winning bidder will be required to take delivery of the product within 30 days of the award.