# Japan's Chiyoda aids Philippines oil storage

> Japan's Chiyoda helps Philippines build oil storage facilities amid energy crisis.
- Title: Japan's Chiyoda aids Philippines oil storage · Nikkei Asia
- Summary: Japan's Chiyoda helps Philippines build oil storage facilities amid energy crisis. Japan's Chiyoda is helping the Philippines build oil storage facilities to…
- Keywords: japan, chiyoda, philippines, oil storage, energy emergency, iran war, news, business, world, Japan's, aids, oil
- Source: Nikkei Asia — https://asia.nikkei.com/business/energy/japan-s-chiyoda-to-help-philippines-build-oil-storage-facilities
- Published: 2026-10-15T16:26:49+00:00
- Read time: 1 min
- Topics: japan, chiyoda, philippines, oil storage, energy emergency, iran war, news, business, world
## Philippines declares energy emergency
The Philippines declared a national energy emergency this year due to low oil reserves.
## Japan's Chiyoda to build oil facilities
Japan's Chiyoda is moving toward building oil reserves in the Philippines as part of a wave of Japanese companies providing relief to Southeast Asian economies hurt by energy supply disruptions from the Iran war.
## Energy security collaboration
This initiative aims to strengthen energy security for the Philippines amid ongoing supply disruptions caused by the Iran war.
## Key takeaway

Japan's Chiyoda is helping the Philippines build oil storage facilities to address low oil reserves after declaring a national energy emergency.