22 countries warm up to Filipino gas-saving device

By JONATHAN VICENTE, The Manila Times Reporter

Countries feeling the pinch of the unprecedented hikes in the pump prices of diesel, kerosene and gasoline in the world market have begun using a gas-saving gadget from the Philippines.

Inventionhaus International Corp., manufacturer of the Khaos Super Turbo Charger, an indigenous gas-saving gadget can cut fuel consumption by about 50 percent.

Isko Catibayan, spokesman and vice president for business development of IIC (www.khaos.ph), reported an increase in sales of KSTC. He said at least 22 countries, mostly from Europe and the Middle East, have placed their orders of Khaos.

"The Philippine economy stands to benefit from this situation by earning dollars from its sale to the world market," Catibayan pointed out.

Catibayan said Inventionhaus is negotiating distributorship contracts with companies in the United Kingdom, Scandinavia, Holland, Hungary, Switzerland, Portugal, France and Germany.

Catibayan said Khaos would soon be marketed in Canada, Vietnam and China whose growing economy results in an increase in the demand for fuel supply. Khaos was invented in 1973 by Pablo Planas and became available in the market in 2003.

On Saturday local oil companies announced anew an increase in the pump prices of diesel, kerosene and gasoline by P0.50 a liter.

The companies, Caltex (Philippines) Inc., Eastern Petroleum Corp., Pilipinas Shell Petroleum Corp. and Total (Philippines) Corp., adjusted the pump prices effective Saturday morning.

Other oil companies have yet to announce if they will increase their fuel prices as well.

Oil officials attributed the new increase to the continuous surge of oil prices in the world market.

According to the price monitoring of the Department of Energy, Dubai crude averaged $58.25 a barrel this month from $52.83 a barrel last month.

The price of finished products at the Mean of Platts Singapore (MOPS), continued to surge, averaging $76 a barrel for unleaded gasoline and $74.97 for diesel.

Last month unleaded gasoline and diesel averaged $64.70 and $71.38 a barrel.

On August 16 the price of unleaded gasoline and diesel at the pump ranged from P31.70 to P32.88 a liter and P29.29 to P30.95

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