million peso to build an oil products storage and blending terminal in Davao city to serve the southern province of Mindanao. (US$1=50 peso). Insular Oil will build the terminal on a 45,300-sq m waterfront plot which it bought from Herma Corp last July. Manila’s Board of Investments has given its approval and also granted Insular…
PHILIPPINES: Insular Oil to invest 400 million peso in new oil depot in Mindanao
Posted on July 28, 2008 by EnergyAsia