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                    [Summary] => SINGAPORE — An oil trading expert said over the weekend that Subic may not be a suitable location for an oil warehouse for the Asia Pacific market.


Platts Asia editorial director David Ernsberger, in a briefing with Philippine energy reporters here, said the former US naval base is "inaccessible" to sellers in the Middle East and at the same time far from major oil buyers–Japan and Australia.


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ERNSBERGER

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                    [Title] => Subic deemed not suitable as oil depot for Asia-Pacific
                    [Summary] => SINGAPORE — An oil trading expert said over the weekend that Subic may not be a suitable location for an oil warehouse for the Asia Pacific market.


Platts Asia editorial director David Ernsberger, in a briefing with Philippine energy reporters here, said the former US naval base is "inaccessible" to sellers in the Middle East and at the same time far from major oil buyers–Japan and Australia.


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abtest

3 teams press bids for semis

May 23, 2007 - 12:00am

Nation

Subic deemed not suitable as oil depot for Asia-Pacific

By Donnabelle L. Gatdula | April 10, 2006 - 12:00am

SINGAPORE — An oil trading expert said over the weekend that Subic may not be a suitable location for an oil warehouse for the Asia Pacific market. Platts Asia editorial director David Ernsberger, in a briefing...

Business