• Eastern Petroleum to build P50-M LPG refilling station

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    AS part of its expansion program, independent player Eastern Petroleum is set to build a P50 million liquefied petroleum gas (LPG) refilling station in Carmona, Cavite with a capacity of 80,000 kilos.

    Eastern Petroleum President Fernando Martinez said this is due to high demand for its EC Gas, the company’s LPG brand launched last year.

    “The facility will have a capacity of 80 tons and will be worth P50 million. This is in response to the high demand for our EC Gas,” Martinez told The Manila Times on Friday.

    Martinez said 250 more franchise applicants are in process, which could bring EC Gas retail outlets to 350 operating units by the end of the year.

    Martinez said more consumers have been switching to EC Gas, attracted by its safety features.

    EC Gas comes with an explosion-proof cylinder made from composite fiberglass materials, and is up to 10 kilos lighter compared with the average weight of an LPG cylinder made from steel.

    “Customers are now aware of the dangers of LPG steel tanks that may explode when exposed to flames, so they are shifting to EC Gas,” he added.

    He said EC Gas is committed to its product claim of convenience, safety and weight accuracy, aside from providing savings of up to 40 percent for LPG customers.

    Martinez said the company expects sales to triple by next year.

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