Philippines: Phoenix Petroleum unveils new fuel terminal

Philippine independent oil company Phoenix Petroleum has opened its ninth terminal in the country and the largest in the region of Visayas, reports The Manila Times.

Located in Consolacion, Cebu, the terminal has a capacity of 15 million liters and can store diesel, gasoline, jet fuel, special fuel oil, and industrial fuel oil.

It will serve the expanding Phoenix retail fuel network in the province of Cebu as well as transportation and construction industries in the Visayas region.

In addition, the company has completed the construction of 515 service stations as of the first quarter, with more stations being constructed to be opened this year, according to a company release.