MANILA, Philippines -- In a bid to make cheap gasoline available to more Filipinos, oil giant Petron Corp. will sell starting this Friday its Petron Pinoy Gasoline brand?a more affordable gasoline formulation for public utility vehicles, bancas and farm equipment.

According to the oil company, the Petron Pinoy Gasoline is cheaper by P3 a liter compared to regular gasoline. Data from the Department of Energy showed that as of Aug. 17, prices of gasoline ranged from P40.35 a liter to P41.80 a liter.

This brand of cheaper gasoline, according to Petron, is the company?s response to the plea of the transport groups and other sectors, which are currently burdened by the high cost of fuels.

?Ang Petron Pinoy Gasoline ay ang gas para sa taong bayan. Ikaw ay makakatipid at siguradong maraming pasada (The Petron Pinoy Gasoline is gasoline for the masses. You will be able to save a lot and increase your productivity),? said Petron chair and CEO Ramon S. Ang, in a statement.

Ang explained that the Pinoy Gasoline is an initiative of the country?s biggest oil refiner and retailer to help cushion the impact of high fuel prices especially on the marginalized sectors of society.

?As the only Filipino-owned refiner, it was incumbent upon us to develop this gasoline brand and help our countrymen,? Ang further said.

By Friday (Aug. 20), the Petron Pinoy Gas will be available in the following seven stations in Fairview, Quezon City; Ortigas Ave. Ext., Cainta; Bgy. Sipsipin, Jala Jala, Rizal; Malhacan, Meycauayan, Bulacan; Bolinao, Pangasinan; Mariveles, Bataan; and Ubando, Bulacan.

Two more stations in Sierra Madre, along EDSA and Zapote Road, Las Piñas are expected to carry the cheap brand of gasoline by Sunday (Aug. 22).

Petron assured its customers that it plans to soon make available the Pinoy Gasoline in more of its service stations to reach more consumers.