Jetti Petroleum Inc. said over the weekend it allotted P1.5 billion for capital expenditures to put up an additional 100 retail stations and bring its target to 300 outlets by the first quarter of 2025.
Jetti Petroleum reopened its Macapagal branch on Nov. 9, 2023 after closing it in December 2019 for renovation. It aims to end 2023 with about 200 retail stations.
The Macapagal station, located at President Diosdado Macapagal Ave. corner Coral Way in Pasay City, first opened in 2004 and had been in service for around 15 years before closing for renovations. which cost around P15.5 million.
“Jetti Macapagal Station is the company’s flagship station and is part of a new design concept that shares the same space with the company’s corporate headquarters. The company strategically envisioned this property to be a landmark point of destination that will also embody our slogan Gasolina ng Bayan and continue providing quality fuels to consumers at fair prices,” said Jetti Petroleum president Leo Bellas said.
Jetti Macapagal Station dealer and operator Aaron Punzalan said Gasolina ng Bayan is an affirmation of the values, principles and quality that Jetti represents.
“It is a promise that offers better products and services to our community dedicated to excellence and commitment. We are eager and excited to be part of this revitalized energy to be able to serve our community,” Punzalan said.
It was one of the first petroleum stations in the Pasay central business district prior to the rise of the integrated resort complexes in 2013.
The retail station was redesigned to suit more practical needs by sporting a pump island configuration, seamless incorporation of digital technologies for cashless transactions and convenient customer engagements for both private and PUV motorists to get the most value out of their fuel purchase through Jetti Petroleum’s marketing programs.
The station also provides for an air and water service bay and access to comfort room facilities.
The station shares its location with Jetti’s Business Center building, which will house several food and retail outlets, making the Jetti Macapagal Station an ideal destination hub for one’s fuel needs as well as other services.
Jetti Petroleum is a 100-percent Filipino-owned independent oil company established in 1998. The company has three international import terminals and three domestic terminals nationwide.
It opened the first Bicol International Bulk Terminal in Pasacao, Camarines Sur in Luzon, with product tanks capable of providing 46 million liters on June 8, 2023.
The company, which marked its 25th year, is among the top 150 Philippine corporations based on gross revenue and is recognized yearly by the Bureau of Customs for its contributions as one of the country’s top importers.