PTT Philippines to expand with opening of mini gas stations

Fuel retailer PTT Philippines is ready to start the implementation of its expansion plans with the installation of mini-stations across the country.

The company has announced plans to set up mini stations in the summer months to ease the demand on its small gas stations, especially in remote parts of the Philippines. These stations can cost up to 30% less than the average ones, according to the company.

After they received the green light from parent company PTT Thailand, the Philippine retailers will roll out a number of mini stations which will have an area of 800 to 1,000 square meters, reported the Manila Times.

As part of their expansion plans, and on top of the mini stations which will be deployed, PTT has set a target of constructing 15 new normal-sized gas stations during 2016.

Thailand-based PTT Plc, as reported by PetrolPlaza, announced during the summer its expansion plans for Southeast Asia with an investment budget of $295 million, as the company looks to become one of Asia´s top fuel retailers.