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PTT Philippines has opened its newest station in Bulacan, this time in the city of Meycauayan to beef up its presence in the outskirt of Metro Manila.
PTT Philippines Corporation, Makati. 30,450 likes · 81 talking about this · 4 were here. PTT PHILIPPINES CORPORATION (PTTPC) is a subsidiary of Thailand's PTT Oil & Retail Business (OR)
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- Gasoline Stations Overview
- Automotive Industry Overview
- Pros and Cons of A Gasoline Station Business
- List of Top 10 Petroleum Companies Offering Gasoline Station Franchises
- Conclusion
The country needs on average 67.7 ML (million liters) of petroleum products every day. They based this figure on the first half of 2021 demand for petroleum products. Most of this volume goes through the gasoline stations. The country has over 9,530 fuel retail outlets, with gasoline stations dominating the number.
In the first half of 2021, the sales of vehicles jumped by 56.1 percent compared to the same period last year, 2020. This figure comes from thejoint reportof the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA). In their December 2020 report, the Land Transportation Office (LTO) had regi...
Just like any business, the gasoline station business has its set of pros and cons. Before deciding to start the business, get to know the pros and cons.
1. Petron Philippines
Petron is the leading petroleum company in the country right now. They are number one in oil refining and marketing. Their refining capacity is 268,000 barrels per day, and they supply around 31% of the country’s oil needs. Their 1,230 gasoline stations cover the whole of the Philippines. They have three franchise models: 1. The Company-Owned Service Stations (COSS) 2. The Dealer Owned Service Stations (DOSS) 3. The Petron Bulilit Station or Micro Filling Stations (MFS) Initial investment: PH...
2. Pilipinas Shell
Pilipinas Shell has been in the country for over 100 years. It started as Asiatic Petroleum Company (Philippine Islands) Ltd. in 1914. It is the second-largest petroleum company with 1,073 stations all over the country. Oil refining and marketing are the major business of the company. Shell has two franchise models: 1. Company Owned Dealer Operated (CODO). 2. Dealer Owned Dealer Operated (DODO) Franchise fee: no franchise fee Initial investment: PHP 5-8 Million (CODO), PHP 10-12 Million (DODO...
3. Caltex
Chevron Philippines owns Caltex and has been operating in the country since 1914. It is also into oil refining and marketing through the Caltex brand. As to the number of gasoline stations, it is the third-largest, with 700 stations all over the country. Initial investment: PHP 8‒10 million Space requirement: 1,000 sq. m. (minimum) with 30 m. frontage Website: https://www.caltex.com/ph/investors.html Email: askcaltex@chevron.com Contact Numbers:(02) 88677710, (02) 77937600
The oil industry and automotive industry go together. Both experienced some setbacks last year, 2020, but they picked up once again in the first half of 2021. The sales of vehicles have increased in the first half of this year compared to the same period last year. When they grow, the demand for fuel will also increase. Despite the pandemic, the de...
List of Liquid Fuel Retail Stations or LPG Dealers Implementing the 10% Tariff (EO 113) Company: PTT PHILIPPINES CORPORATION As of: August 11, 2020 Diesel Gasoline Diesel (Php/L) Gasoline (Php/L) Diesel Gasoline 1 PTT Abucay 15/06/2020 - ₱1.58 - 06/07/2020 - Subic 2 PTT Alcala 15/06/2020 - ₱1.58 - 06/07/2020 - Subic
In 2012, PTT Exploration and Production (PTTEP) took over Cove Energy plc, which owned an 8.5 percent share in a huge natural-gas field offshore Mozambique. [13] The company operates 58 retail stations in the Philippines and plans to add an additional 15-20 petrol stations in Luzon and the Visayas , in Cebu Province .
- 29 December 1978; 44 years ago (as Petroleum Authority of Thailand)
- Ministry of Finance (51.1%)
- Auttapol Rerkpiboon, (President & CEO)
At present, PTTPC has retail network that covers Metro Manila, Central, North and South of Luzon as well as in the Visayas particularly in Cebu. Website. http://www.pttphilippines.com/. Industry...
May 10, 2019 · May 10, 2019 | 12:03 am. By Victor V. Saulon, Sub-Editor. PTT Philippines Corp. targets to open at least 30 new fuel retail stations this year, bringing its year-end total to around 192, as the company maps its expansion plans under its new president.
