Unioil will provide enough supply to small retail station owners
Press statement
October 28, 2009
To ensure that there will be no disruption in oil supply in the local
market independent oil player Unioil Petroleum Philippines
Incorporated (UPPI) on Wednesday said it is willing to provide
petroleum products to new oil players with small retail stations
across the country that could not get enough supply at fair dealer prices.
.
“We want to help these new players by providing them enough
supply,especially those who are suffering from losses and cannot
continue with their businesses,” Unioil General Manager Chito
Medina-Cue jr. said.
“We will supply them with our petroleum products. We can also offer
these retail station owners a sub-lease contract to continue with
their services to the public instead of closing down their stations
which may affect the supply in the local market,” he added.
He said Unioil can offer these new players a 5-year contract to ensure
a steady supply of fuel products in their respective areas where they
are located.”
“With this specific program, we will be giving them specific margins
to make profits even in just a specific amount. We will also be giving
them incentives similar to our dealer-owned stations for them to
survive,” he added.
For those who are interested to avail of the company's program,
Medina-Cue said they can contact Unioil's Retail Business Development at
687-8877, 5612984 or 09228037049.
Earlier, Unioil assured the public it has enough supply for its retail
and service stations. The company likewise said it can sourced its
petroleum supplies from the international market in as little as three
days if there are problems in the local industry.
This as several sectors raised concern about possible oil shortage
following the imposition of a price cap through Executive Order 839
issued by President Gloria Macapagal-Arroyo while the country is still
recovering from the devastation brought by typhoons “Ondoy” and
“Pepeng” which hit the country in succession recently.
Unioil was the first local oil player to heed the President's call by
cutting the prices of diesel by P2 per liter, P1.25 for premium
gasoline and P1.50 for kerosene.
Medina-Cue stressed Unioil's decision was borne out of its desire to
help the typhoon-affected communities get back to its feet though he
admitted the roll back has also affected the companies' finances.
“We cannot deny the fact that all of us are not making money in this
kind of situation and there's no exception but Unioil is willing to
sacrifice to help the consuming public because at the end of the day
all of us can still survive whether its a small or big players,” he
said.
"Unioil was the first one to response to the call of EO without
hesitation because we care for our consuming public that is the reason
why we small and big players exist after all, Cue added.
Please refer to:
Leah Flor
Corporate Communications Officer
Mobile 09063599139