Petron constructs 3 provincial depots, will move out of Pandacan in 2016
Petron Corporation has already invested P15 billion to put up oil depots in three provinces as part of its commitment to move out of the Pandacan depot by 2016.
“It’s a commitment, by 2016 we will leave Pandacan. We have already put up depots in Rosario in Cavite, Harbor Center in Navotas and in Limay, Bataan as well as other sites,” said Petron chairman Ramon S. Ang.
Ang said they are already using the new depots in Rosario and Limay adding that, actually, “by 2015, we should be totally out of Pandacan.”
“We are law abiding citizens. We promised the City of Manila that within five years we will be moving out of Pandacan. I think we are the only one in compliance to that promise,” Ang said.
The largest and most important oil depot in the country, the Pandacan depot is jointly operated by Petron, Chevron Philippines Inc. and Pilipinas Shell Petroleum Corporation.
On a nationwide basis, the Pandacan depot supplies 1,800 fuel stations in Metro Manila and nearby provinces, 70 percent of the shipping industry’s needs, 90 percent of the country’s lubricant requirements, 75 percent of all aviation fuel needs, and 25 percent of the demand for chemicals.
The firms are under pressure to move their depot operations out of Pandacan due to safety concerns raised by various cause-oriented groups.
Various civic groups have scored the facility for its security, health and environmental risks because of its proximity to residential areas and the Pasig River.
In light of this, Petron agreed to voluntarily move out of Pandacan in five years or by 2016. Shell and Chevron, on the other hand, previously said they will maintain their operations in Pandacan.
Manila Mayor Joseph Estrada recently ordered the oil companies to move out of Pandacan by 2016 in compliance with the reclassification of the industrial complex into a commercial zone.