PETRON Corp. (Petron), the country’s largest oil refiner and distributor, is considering putting up a new oil refinery in the Bicol Region to augment its expansion needs in the country, a top official said.

“Somewhere in the south to supply Bicol and maybe Visayas and Mindanao at 250,000 barrels a day oil refinery,” Petron president and CEO Ramon S. Ang told reporters in an interview on Thursday.

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