PTT expands into non-oil business

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IN a bid to compete against major oil companies, PTT Philippines, a subsidiary of Thai oil firm PTT Public Company Limited, is expanding its reach and venturing into the non-oil business with the construction of a theme park concept service station in Tarlac.

PTT Philippines president and chief executive officer Sukanya Seriyothin said the company has started the construction of the theme park concept service station along the Subic-Clark-Tarlac Expressway (SCTEX) in Concepcion, Tarlac.

PTT signed a contract with the Bases Conversion and Development Authority (BCDA) last year to develop a major service station along SCTEX after it won a competitive bidding.

It was awarded a renewable 25-year contract for the development project that involves the establishment, operation and maintenance of a gasoline station.


Seriyothin said the SCTEX station, which will cost P200 million, will provide a wide variety of services and exciting amenities.

The service station will sit on a two-hectare property in the Macangcung Service Area in Barangay Santiago, Concepcion, Tarlac, and will serve northbound travelers on the SCTEX’s Clark-Tarlac segment.

Besides the theme park concept service station, the company has also opened its Platinum Station, a one-stop-service hub that serves not only fuel refueling but also non-oil businesses.

PTT on Friday opened its first P90-million one-stop-service hub in Lucena City in the province of Quezon, its biggest station so far in the country.

The 5,000 square-meter PTT Platinum Station in Lucena City hosts not just a gasoline station but also other commercial establishments like a coffee shop, convenience store and a row of restaurants for motorists passing by the main highway in Lucena.

Just beside the gasoline station is PTT’s signature shop, Café Jungle, whose concept was also patterned after the Cafe’ Amazon of PTT Thailand.

Apart from Café Amazon, a 24-hour convenience store was also opened together with a first-class restroom called Restroom 20.

Edicer Almendras, the dealer of the PTT Platinum Lucena station, said several restaurants including a bar will also open soon in the same area.

Seriyothin said the Platinum Station is part of the firm’s medium-term expansion program, targeting the opening of at least 15 new stations per year.

“Our expansion program covers not only the opening of more gasoline stations but non-oil businesses as well all housed in one common service area,” Seriyothin said.

To date, PTT has 74 service stations mostly located in Luzon and in Cebu in the Visayas. After the Lucena station, other stations that are set to open are also located in Southern and Northern Luzon.

PTT has been in the Philippines for 18 years already operating wholesale business serving aviation, maritime and mining.

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