August 20, 2025 | 12:00am
MANILA, Philippines — Gas depot operator Lemery Oil Terminal Corp. is positioning its P2-billion petroleum storage complicated as an important entry level for extra gas importers tapping into the Philippine market.
“With gas costs remaining excessive and demand persevering with to develop, we hope to play a key function in guaranteeing provide stability and increasing market entry for a extra numerous vary of gas suppliers,” Lemery Oil Terminal president Ferdinand Co mentioned.
With a complete storage capability of 181 million liters throughout 22 metal tanks, the power is among the many largest privately operated gas terminals in Southern Luzon.
The terminal is able to storing imported automotive diesel oil, motor gasoline, gas ethanol, and coco methyl ester utilized in biodiesel blends.
It’s likewise meant to help each typical fuels and cleaner alternate options according to the federal government’s vitality transition agenda.
Lemery Oil Terminal vp Joseph Rejuso mentioned the power is open to all business gamers that want long-term storage and dependable entry to the nation’s downstream market.
The corporate, Rejuso mentioned, is able to welcome extra locators within the terminal, which at the moment hosts Unioil and Insular Oil.
“We need to assist new entrants develop their operation and serve extra areas,” Rejuso mentioned.
The terminal can be anticipated to assist reduce bottlenecks and logistics prices, particularly for smaller gamers that don’t personal oil depots.
Via third-party entry, the corporate mentioned, the Batangas terminal can be more likely to enhance competitors within the downstream oil sector.
The terminal is situated inside the seven-hectare Sinisian Lemery Batangas Port and Industrial Park, which was inaugurated earlier this month.
It at the moment serves key markets in Luzon, serving as an alternative choice to the congested depots in Metro Manila and close by ports.
