Seaoil ‘closer’ to network expansion target

SEAOIL PHILIPPINES, Inc. continues to expand its retail network, saying it is “on-track” to meet its target number of operating fuel stations.

The independent oil retailer on Wednesday unveiled its 500th fuel station along Meralco Avenue in Pasig City.

“This milestone brings us closer to our goal of having 600 stations nationwide by the end of this year,” Seaoil Chief Executive Officer Glenn L. Yu said in a statement.

Before this, it opened fuel retail stations across 11 provinces in the country.

The company claimed its efforts to widen its footprint contributes to the Philippines’ recovery from the coronavirus pandemic.

“With the opening of more stations, Seaoil aims to generate local jobs, provide business for new franchise partners, and offer specialized promotions to serve the communities they operate in,” it said.

Seaoil has set aside P10 million to aid the country’s pandemic response through offering free fuel and discounts for medical workers, local government personnel, and the transport sector. — Adam J. Ang