INDEPENDENT oil company Phoenix Petroleum Philippines and low-cost carrier Cebu Pacific have renewed their jet fuel supply and services agreement for various locations.

In a disclosure to the Philippine Stock Exchange (PSE), Phoenix said the new deal covered contracts for Jet‐A1 fuel supply in Subic, Zambales as well as fuel storage, handling, and into‐plane services in Mindanao, Aklan and Cebu for five years.

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