Jetti Petroleum Inc., an independent petroleum distributor, is investing P1.2 billion to construct 80 new fuel stations across the Philippines. This expansion aims to increase the company's nationwide network to 300 stations by the end of 2026.
INDEPENDENT petroleum distributor Jetti Petroleum Inc. is allocating around P1.2 billion for the construction of 80 more fuel stations throughout the country.The expansion is in line with the company's goal to have 300 fuel stations nationwide by 2026, Jetti Petroleum President Leo Bellas said during the opening of the Jetti Macapagal Building on Wednesday.Bellas said that Jetti had 220 fuel stations as of end-2024 and that they were planning to build 40 more outlets this year.
'Bellas said that Luzon and Mindanao were host to 35 percent each of the current gas stations, with the rest in the Visayas.On Wednesday, the company formally inaugurated the Jetti Macapagal Building, a commercial-office center and gasoline station property located at the corner of Diosdado Macapagal and Coral Way in Pasay City.Jetti said the opening of the property, previously the site of its former head office, had been derailed by the Covid-19 pandemic.
ENERGY INVESTMENT EXPANSION FUEL STATIONS PHILIPPINES
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