Gulf Oil International, which is owned by India’s Hinduja Group, has opened its first service station in the Philippines. Gulf Oil says it plans to build at least 20 service stations by 2017.
The company’s first service station, which operates under the dealership business model, is located far north of the capital city of Manila, in Abucay, Bataan province. Gulf said its other fuel retail outlets will be located in Quezon City in metropolitan Manila; San Isidro, Isabela province in the Cagayan Valley region; and, in Davao, General Santos and Santiago in Mindanao island in southern Philippines.
“Gulf Oil aims to put up at least 20 fuel stations for the remaining part of the year up to the end of 2017 to
jump start its retail network growth and is now looking for new partners to take the brand into new territories and new product markets,” Gulf Oil said in a statement.
The opening of Gulf Oil’s first service station, its first in Asia, was witnessed by Frank Rutten, Gulf Oil’s international vice president, along with the firm’s local partners who have been distributing Gulf Oil lubricants in the Philippines for the past 18 years.