Oil Firm Starts Relocation From Pasig River; Will Other Companies Follow Suit?

Now here’s good news from one of the big companies operating a facility along the Pasig River. It’s from Petron. Here’s part of the report from inquirer.net:

Petron Corp., the country’s largest oil refiner and retailer, will finally start relocating operations out of its Pandacan facility, hoping to complete the move in five years’ time.

Petron chair and chief executive officer Ramon S. Ang said this was in line with the company’s agreement with the city government of Manila. Under the agreement, Petron would scale down oil operations over time, and eventually phase out all activities in Pandacan.

In an interview with the Inquirer, Ang said Petron solely took the initiative to move operations out of Pandacan to a facility at North Harbor.

Pandacan, a busy district in Manila, also plays host to two other oil companies: Pilipinas Shell Petroleum Corp. and Chevron Philippines (formerly Caltex).

Shell had earlier declared it would not move out of the Pandacan depot anytime soon.

The oil firms, dubbed the “Big 3,” have long been under pressure to relocate operations out of Manila. Local government officials have repeatedly warned the oil firms that their operations pose a threat to the city.

The oil depot presents a target to criminals and terrorists, city officials added.

While Petron’s plan is good I feel five years is too long. It would be better if this relocation will be done much faster.

I hope the other companies with facilities along the river and its tributaries will also start planning for their relocation. Aside from the other oil companies Chevron and Pilipinas Shell, I hope consumer goods manufacturer Unilever will also consider doing the same. Planning for it now is the least these companies can do.

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