OVERVIEW OF PHILIPPINE OIL STATISTICS

Rita S S. Escandor & Glendalyn P P. Dela Cruz

Department of Energy
Training g Session on Oil Emergency g y Preparedness and Statistics February 11-14, 2008 Paris, France

Outline of Presentation
OVERVIEW OF OIL STATISTICS Legal g Basis for Collection and Sources of Oil Statistics Type of Oil Statistics

Monthly Oil Statistics Annual Oil Statistics

ASSESSMENT OF OIL STATISTICS Difficulties Encountered Measures for Improvement REPORTING MECHANISM IN TIMES OF CRISIS

OVERVIEW OF OIL STATISTICS

Overview of Oil Statistics

Legal Basis:

Legal Basis for Collection and Sources of Oil Statistics

RA 7638 - Section 12c RA 8479 - Sections 14 (b and c), c) and 15 (a to h)

Sources of Oil Statistics:

Oil industry participants/players End-users directly importing oil, e.g. airline companies; fishing companies International Wire Services, e.g. Mean of Platts Singapore (MOPS) Surveys

Overview of Oil Statistics

Type of Oil Statistics

Key y Monthly y Oil Statistics due on or before the 15th day y of the succeeding month following the month covered by the monthly report

Crude and Petroleum Products Imports Crude and Petroleum Product Exports Refinery Production/Refinery Shutdown and Turnaround Schedule Petroleum Products Domestic/Intl and Export Trade Sales by Industry Classification Crude and Petroleum Products Inventory Projected 3 mos. Supply/Demand Balance

Overview of Oil Statistics

Type of Oil Statistics

Key y Annual Oil Statistics due not later than the 15th day y of January of the succeeding year following the year covered by the annual report

Petroleum Product Processing Capability Maximum Capacity of Major Refinery Process Units Hydroskimming Yields of Crude Processed Refinery and Bulk Plants Storage Capacities/Thruput Projected Quarterly Supply/Demand Tanker/Barge Listings and Actual Utilization and Performance

ASSESSMENT OF OIL STATISTICS

Assessment of Oil Statistics

Difficulties Encountered

Coverage Increased c eased number u be o of reporting epo t g p players aye s vs s 3 major ajo o oil co companies pa es during regulated regime o Require extensive database management o Longer g time needed for follow-up p&p processing g Timeliness Delayed submission of reports Longer time required for validation of some oil statistics Accuracy Submission of estimated figures to meet the deadline Manual processing of data

Assessment of Oil Statistics

Measures for Improvement

Strengthening g g the enforcement authority y of DOE ( (on-going) g g) Enhancing communication with oil data providers through constant coordination and cooperation Coordinating and cooperating with the ITMS to facilitate database development and operation to further improve oil data collection, collection validation, validation processing and report generation. Requesting additional budget to improve/upgrade the existing computer network capability

REPORTING MECHANISM IN TIMES OF CRISIS

Reporting p g Mechanism in Times of Crisis

Issuance of Executive Orders and Department Circulars for the oil companies compliance, e.g.

E.O. 134 - Minimum Inventory Requirement

DOE DC 2003-01-001 2003 01 001 (30 days for refiners refiners, 15 days for bulk suppliers, 7 days for LPG) DOE DC 2003 2003-03-002 03 002 (15 days for refiners, 7 days for bulk suppliers, 7 days for LPG)

Additional Powers of the DOE Secretary to gather & compile appropriate information from any person or entity in the industry

Philippine Oil Industry at a Glance (in million barrels)

YTD September S Full Year 2006 2007 Refiners Others Total Refiners Others Total Importation I t ti Crude Products T t l Imports Total I t Production Crude P d t Products Total Production Exportation Demand 56.2 10.6 66 8 66.8 53 8 53.8 53.8 90 9.0 54.8 24.5 24 5 24.5 0.14 0.14 46 4.6 22.2 56.2 35.0 91 2 91.2 0.14 53 8 53.8 54.0 13 7 13.7 77.0 78.3 10.9 89 2 89.2 74 8 74.8 74.8 13 3 13.3 70.9 30.2 30 2 30.2 0.18 0.18 52 5.2 30.0 78.3 41.1 119 4 119.4 0.18 74 8 74.8 75.0 18 5 18.5 100.9

THANK YOU!