Seaoil, the leading independent fuel provider in the Philippines, has opened its 700th station in the country along the northbound of E. Rodriguez Jr. Avenue (C5) in Pasig City.
“The opening of our 700th station is a remarkable milestone for Seaoil. Part of our efforts to provide ‘Alagang Seaoil’ to our customers is to ensure that they can avail themselves of our products and services with ease wherever they are in the country,” said Seaoil CEO Glenn Yu.
The Seaoil C5 Ugong branch is a full-service station that will soon offer a LubeSERV vehicle service center and a Lawson convenience store. More retail shops, restaurants, and personal care services are expected to open in the coming months. The station also accepts PriceLOCQ, Seaoil’s innovative app for purchasing fuel, as a mode of payment.
The local oil firm is also celebrating its 5th year partnership with Ampol, Australia’s largest transport energy distributor and retailer, which acquired a 20-percent equity interest in Sseaoil in 2017. The partnership was forged as part of Seaoil’s plans to aggressively expand its retail network and terminal storage capacity in the coming years. Since then, its retail network has more than doubled to 700 stations.
Currently, Seaoil has 305 stations in Luzon, 179 in Visayas, and 216 in Mindanao. The company also has 12 storage terminals nationwide, with another one in Zamboanga City underway.
SEAOIL recently broke the traditional top 3 in terms of petroleum market share based on the H1 2022 Oil Supply/Demand Report of the Department of Energy (DOE), and plans to continue its expansion with a goal of opening 850 stations nationwide by 2023.