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English Español Philippines: PTT to open more retail stations in 2019

The Thai oil firm is looking to exceed next year the 30 stations that were opened in 2018 as part of the continuing expansion in the Philippines.



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Author: PetrolPlaza Correspondent Pablo Plaza

PTT Philippines Corporation President and Chief Executive Officer Sukanya Seriyothin has disclosed that the Thai oil firm will raise its target number of new stations in 2019.

“We have achieved our 30 new stations target for this year and we hope to raise this target in 2019. So, most likely, we have more than 30 new stations next year," Seriyothin told reporters in a press briefing.

By end of 2018, PTT Philippines had around 150 new stations in various parts of Luzon and the Visayas. Some of its newest stations are located in Metro Manila, Central Luzon, and Southern Luzon.

The company disclosed that around $95 million have been allocated for the expansion in the next five years, a budget that is being adjusted annually depending on the pace of the expansion.

Marketing Director Thitiroj Rergsumran, on the other hand, said that the opening of new Café Amazon stores is also part of the expansion. “We are opening more Café Amazon stores in the Philippines inside and outside of the PTT gasoline stations,” he said.

Currently, seven Café Amazon stores are already operating, three of them are in Metro Manila (McKinley HIll, SM City North Edsa Annex, & PTT Edsa Munoz). The rest are located in PTT SCTEX (Tarlac), PTT Pulilan (Bulacan), PTT Dasmarinas (Cavite), and PTT Lubao (Pampanga).

The entry of the Thai-brand Café Amazon to the Philippine market was part of the business expansion of the diversifying PTT Thailand. Outside Thailand and the Philippines, the coffee shop chain has also branched out to other parts of the region, as well as in Japan and Oman.

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