MANILA, Philippines - Chevron Philippines Inc. (CPI) has activated its public utility vehicle (PUV) discount lanes in its Caltex retail stations as part of its “assistance initiatives” aimed at addressing the needs of affected communities still reeling from the impact of typhoons that hit the country in September and October.
Mark Quebral, CPI manager for Policy, Government, and Public Affairs (PGPA) said,” this is part of the CPI initiatives to align with the assistance packages that are provided for in Executive Order 845.”
Quebral said the company does not set any retail prices in the Philippines. However, it has provided discounts to its retailers.
He said this in turn will enable retailers to offer discounts of P2 for diesel and P1.50 for gasoline to public transportation vehicles plying major transportation routes located in areas still affected by typhoons Ondoy, Pepeng, and Santi until Dec. 31, 2009.
“Our initiatives are specifically focused at the transport sector and commuters - two of our most important stakeholders,” Quebral said.
In the meantime, Quebral also assured regular volume replenishment of its network of Caltex retail stations in a bid to move towards normalizing the current supply distortions in the market created due to the price freeze imposed by EO 839.
EO 845 repealed EO 839 which imposed a price cap on fuel products to Oct. 15 levels. President Arroyo issued EO 845 on condition that oil firms provide a series of assistance packages specifically for sectors seriously affected by the string of typhoons that visited the country recently.
Chevron Corp. is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide.
Caltex is Chevron’s marketing brand in Asia Pacific and parts of the Middle East and Africa. Its products and associated brands are sold in approximately 60 countries across these regions.