Oil retailer Total Philippines Corp. plans to double its retail network to 1,000 stations around the country in the next five years from 500 stations this year.
Total Philippines managing director Laurent Stouffe said the company already put up 50 company-owned and dealer-owned stations across the country this year.
“Our target is 1,000 service stations in Philippines over five years, by building flagship stations. Two years ago, size of Total’s network is roughly 200 stations,” he said.
He did not disclose investments for the five-year network expansion program.
Total Philippines, with a 20-year presence in the country, is a growing player in the Philippine downstream petroleum industry.
It is engaged in the importation, distribution, and marketing of refined petroleum products and operates an expanding network of service stations throughout Luzon and the Visayas while adhering to strict international safety standards in all aspects of its operations.
Total Philippines is the local subsidiary of French oil giant Total SA.