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Rigatoni Combination Turkish Bulgur Dish Vegetarian Chili Stir-Fried Vegetables and Tofu (over rice) Hearty Macaroni Dinner Refried Beans Chickpea Balls Lentil Stew
Burgers and Sandwiches
Rice Burgers Garbanzo Bean Burgers Lentil Burgers Tofu Burgers Tofu Salad Sandwich Chickpea Salad Sandwich
Mexican Succotash Tofu Fried Rice Cabbage Saute
Hot and Sour Soup Corn Chowder Cold Tomato Soup
Rainbow Salad Apple/Carrot/Raisin Salad
Oatmeal Cookies Coconut Clusters
Banana Pancakes Hashed Brown Potatoes Blueberry Muffins
Demand and Supply Analysis
SUPPLY In the local market, actual inventory as of end December 2008 was recorded at 14MMB or 48-days supply equivalent (46 days for crude oil and products in stock and 2 days for crude in-transit to the country). This is 12.3 percent lower than last year¶s end-
7 percentages.8 percent and other products at 1. With regard to LPG supply.7 MMB of a year ago level to 48. Chevron and Shell) accounted for 62.3 percent. Total gasoline import reached 48.4 percent.1 percent of LPG demand.December level equivalent to 16. Import volume of finished petroleum products for 2008 was up by 5. As for other industry players¶ import volume. which accounted for the remaining 37. kerosene/avturbo at 7.0 MMB this year.7 percent. unleaded gasoline at 22. Meanwhile. The growth may be due to Petron¶s increased volume of product imports due to the total shutdown of its refinery for maintenance sometime during the last quarter of 2008. However. Product import mix were comprised mostly of diesel oil at 37. Total product import was 47. the direct importers accounted for 66.0 percent from last year¶s level of 27. there appeared some sort of shortage particularly in the Luzon areas because of long queues of tank trucks at the LPG import terminals/bulk plants by the last week of December. There were reports of queues of trucks with empty LPG cylinders at the refilling plants. was 70.0 percent. a slight increase of 0. fuel oil at 14. .9 MMB to 18. imports of LPG and unleaded gasoline dropped by 9. 2008 average inventory was reported at 50 days.7 percent. respectively.7 percent of the total products demand.6 percent.7 percent (32. fuel oil posted the highest increase of 49. LPG import on the other hand. Diesel oil also rose by 9.1 MMB.4 percent.3 MMB.9 percent of gasoline demand while diesel oil import was 44.0 percent of diesel demand.2 percent.8 percent of the total import volume with an increase of 9.3 and 5. and in taxi garage/terminals and even auto-LPG stations. LPG at 16.3 percent (16. Compared with last year¶s level.3 MMB. Meanwhile. The oil majors (Petron.1 MMB) was attributed to the local refiners (Petron and Shell).7 percent from 45.8 MMB to 30.2 MMB) of the total product imports while the remaining 33.4 percent was recorded from last year¶s 17. 39 days in stock and 11 days in-transit. as well as lack of LPG in cylinders at the dealer and retail levels.
This can be translated to an average daily requirement of 276. Diesel oil obtained the largest share of 40. their import share in the total demand was at 15.5 MB.4 percent from 104. respectively.1 percentages. fuel oil posted the largest decrease of 11.8 percent.6 percent.0 percent while the other players¶ import share was at 17.8. followed by unleaded gasoline with a 5.3 percent.8 MMB of last year¶s level to 101.2 MMB. Demand for kerosene/avturbo and LPG also fell by 3.0 percent drop. LPG and kerosene/avturbo at 21.4 percent. 11.9 percent of the total LPG demand vis-à-vis 2007¶s 6.0 and 1.0 percentages.9 percent. trailed by unleaded gasoline.4 and 10. However. DEMAND Petroleum Product Demand The country¶s total demand of petroleum products for 2008 declined by 3. while 31.2 percent in the total sales mix. As for the refiners.0. 16.8 percent was attributed to direct importers.Meanwhile. respectively. With more taxis shifting to LPG as fuel. demand for diesel slightly grew by 0. demand for automotive LPG was 10. the oil majors¶ import share in the total demand was 30. . Compared with 2007¶s demand. fuel oil.