Petron on track in leaving Pandacan depot


Petron Corp. has given an assurance that it is on track in leaving the Pandacan Oil Depot by 2016, which is consistent with the deal it forged the local government of Manila as well as the Church.

Ramon Ang, president and chief executive officer of Petron Corp., said that the company is on track with its commitment to move out of the oil depot in Pandacan in the span of five years, which will end 2016.

“May pinagkasunduan noon with the city of Manila and Cardinal Rosales [there was a deal with the local government of Manila and Cardinal Archbishop of Manila]and at that time, we talked about voluntarily moving out of Pandacan [plant]in five years. That ends in 2016,” he said.

Ang specified that despite the deadline, Petron is preparing to move out of Pandacan, and build storage facilities in Cavite, Na votas and Bataan.

“[The target date to fully move out is] first quarter of 2016. We believe that by 2016, we will be in compliance to the agreement with Manila,” he added.

Several years ago, some organizations singled out the environment and health risks being posed by the Pandacan facility to residents nearby as well as the Pasig River.

Petron then volunteered to pull out its operation in the area, while Chevron Philippines Inc. and Pilipinas Shell Petroleum Corp., the two other oil firms operating in the Pandcan depot, stayed.

The Pandacan oil depot is the largest in the country and is operated by Petron, Chevron and Shell. The Pandacan depot provides supplies to around 1,800 fuel stations in Metro Manila and several provinces.

Madelaine B. Miraflor


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