SEAOIL opens 200th station; sets one-day P2 rollback in oil products

MANILA, Philippines–To celebrate the opening of its 200th station, SEAOIL is giving back to its customers by slashing P2 off per liter on pump prices for diesel, premium, and unleaded gasoline nationwide on Friday, Sept. 16, 2011, from 12:01 a.m. to 11:59 p.m.

The newest SEAOIL station is located in Plaridel, Cebu.  Two other stations opened in Cebu earlier this year, one in Consolacion, and another in Talisay. Out of 200 stations, 50 percent  are in Luzon, 20 percent in Visayas, and 30 percent in Mindanao.

SEAOIL’s award-winning franchise package and its numerous franchise support programs have contributed considerably to the expansion of its retail network.

“We have had numerous inquiries on our flexible franchising packages mostly from returning overseas Filipino workers (OFWs) looking for investment opportunities at home that are flexible and can be tailored according to the available capital,” said SEAOIL President and CEO GlennYu.

Through the SEAOIL franchise program, the most affordable in the Philippine oil industry, a dealer can develop a station from the ground up or opt to franchise an existing station with proven revenue streams.  “SEAOIL dealers maintain ownership of their invested money,” added Yu.