Environment and Natural Resources Secretary Maria Antonia Yulo-Loyzaga on Thursday said marine resources worth P7 billion were possibly exposed to the oil spill from the tanker that sank in the waters of Oriental Mindoro on 28 February. Loyzaga, in an early television news program, said the DENR now needs to verify on the ground the possible damage caused by the oil spill. “We have calculated what could be exposed by way of coral reefs, seagrass, mangroves, and fisheries. The possible exposure area for us is about P7 billion,” she said.

Villamente, J. (2023, April 28). Who'll pay for P7-B oil spill damage?. Daily Tribune, p. A6.