DAVAO-BASED

DAVAO-BASED impartial oil business enterprise Phoenix Petroleum Philippines, Inc. (Phoenix Petroleum) inaugurated on Thursday its most modern terminal in Consolacion, Cebu.

The new terminal is the listed firm’s 9th facility in the u . S . And its biggest in the Visayas.

In a disclosure to the local bourse, Phoenix Petroleum said the brand new facility has a capability of 15 million liters and may save diesel, gasoline, jet gasoline, unique gasoline oil, and commercial fuel oil.

“The establishing of our new terminal strengthens our foothold in the Cebu fuels marketplace and improves our supply reliability in serving the wishes of our industrial and retail organizations inside the greater Visayas. This is a part of our dedication to be an fundamental partner to our clients, wherever they'll be,” Phoenix Petroleum President and Chief Executive Officer Dennis Uy said.

According to the employer, the terminal changed into built to better serve the gas and lubricant needs of the developing Phoenix retail network and of numerous industrial clients together with the ones in shipping, airlines, construction, mass transportation, and different industries within the Visayas.

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