Shell plans to open up to 70 service stations in 2017
In a report published by Business Mirror, Pilipinas Shell Petroleum Corporation, one of the leading oil refining and marketing businesses in the Philippines, plans to build around 50 to 70 service stations in 2017.
Image grabbed from pilipinas.shell.com.ph
According to Pilipinas Shell President Cesar Romero, 40 percent of the additional service stations will be located in Luzon, while the others will be in Visayas and Mindanao.
He added that the budget for the additional service stations would cost around P25 million to P40 million especially for the larger ones. Up-to-date, there are 966 Shell service stations across the country.
Pilipinas Shell traces its roots to Asiatic Petroleum Company (Philippine Islands), Ltd. which opened in 1914 for business in the Philippines to import and sell motor gasoline and kerosene.
Source: Business Mirror, pilipinas.shell.com.ph