Total puts up 100th gas station in RP
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Anna Whitehouse, TPC president and managing director, told reporters during the inauguration of the station located along the West Service Road in
At the same time, Whitehouse said they would continue building at least 16 stations per year depending on their ability to identify the appropriate locations for their service stations.
While the company does not have immediate plans to put up a refinery in the Philippines, Whitehouse said they would try to keep up with historical average of putting up about 16 stations a year and pouring in about P20 million per station. TPC accounts for at least three percent share of the Philippine oil industry market.
”The plan for the
TPC was incorporated in 1997 and is a wholly-owned subsidiary of the France-based Total. It is engaged in the importation, storage and distribution of fuels, oils, lubricants and liquefied petroleum gas (LPG).
The company has 180 employees and has invested over $80 million in various infrastructures which include oil depots in
“We have invested over $80 million and we will continue our strategy of selective expansion in our various businesses, focusing on finding partners who share our passion for quality, safety and service,” Total’s refining and marketing director Michael Benezit said.
“In the years to come, “we see a bigger presence for Total in the Asia-Pacific region. Our company is well-positioned not just to ensure supply but also to assist with the development of other energy sources and alternative fuels. I believe that in
“While Total adapts to the rapid but nonetheless exciting changes in the world of energy, we are assured that our business here in the
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