MANILA (AFX-ASIA) – Petron Corp has shut down its oil depot in central Mindanao island, prompted by the closure of Caltex Philippines Inc’s depot in the area, Energy Secretary Vincent Perez said. Mr Perez said he has asked Petron and Caltex to explain their moves, which reportedly pushed fuel prices higher in Mindanao. Petron and…
PHILIPPINES: Petron closes down depot in central Mindanao, following Caltex
Posted on January 15, 2003 by EnergyAsia