The bulk terminal, which opened early last September, is a five million-liter fuel depot within the Iloilo Fish Port Complex in Iloilo City. This is the company’s third bulk terminal.

Jetti Petroleum’s two other storage facilities are in Tagoloan, Misamis Oriental in Mindanao and in Naic, Cavite in Luzon.

“Our substantial investments in putting up a new bulk terminal in Iloilo just means we are one of the most serious new players in the industry and that we are here for the long haul,” Leo Bellas, Corporate Affairs manager said in an emailed statement. The company said three more filling stations, now under construction, will be opened in loilo City this fourth quarter. 

“Putting up more retail stations in the region signifies the market’s warm response to the things that we do,” said Bellas. “In return, we just want to contribute to the progress of the Visayas and fulfill our mission to make quality fuels accessible to more Filipinos,” he added.

A 100 percent Filipino-owned company, Jetti Petroleum is one of the new players in the country’s downstream oil industry, which initially supplied industrial firms and transport terminals but soon ventured into retail trade by putting up its retail gasoline stations under the JETTI brand name. 

Its efficient freight handling and distribution system – with oil shipments from Singapore and other countries going straight to its Cagayan De Oro hub – Jetti Petroleum is able to provide the country with reasonably priced fuel products, Bellas said. 

As a 100-percent Filipino company, Jetti Petroleum has no foreign principal to share in the profits or receive royalties, the company said.