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Manila Bulletin devider Business devider Jetti accelerates expansion, plans to add 40 stations in 2025

Jetti accelerates expansion, plans to add 40 stations in 2025

Published Jan 22, 2025 06:31 am

Jetti Petroleum, Inc. plans to build more stations nationwide this year as part of its ongoing expansion efforts.

In an interview on Wednesday, Jan. 22, Jetti president Leo Bellas said the firm plans to construct 40 more stations in 2025 to help reach its target number of operating sites by 2026.

“For this year, we are confident that we can complete and operate an additional 40 stations, so that would bring the number to 260 by Dec. 31, 2025,” he told reporters.

Bellas shared that these developments have been financed by local banks and cash generation.

“On the average, depending on size and number of pumps (like two island pumps) would take about P15 million with current costs, including equipment,” he added.

Currently, Jetti operates 220 gas stations across the country, with 35 percent located in Luzon and Visayas, and the remaining 30 percent in Mindanao.

Jetti aims to reach 300 sites by next year.

“Jetti’s primary business is really the retail. So, the expansion during 2018 was just average. Eventually, the company decided that we have to increase and reinforce the brand through our retail stations. That’s primarly what pushed us to embark on this massive construction and operation of retail stations,” he shared.

Jetti recently reopened its office center in Diosdado Macapagal Boulevard in Pasay City, which includes commercial space for the food and beverage industry.

Alongside the major renovation of the business building, Jetti continues to fuel motorists with its gasoline and diesel products such as X Premium RON95, Accelerate RON91, and Diesel Master.

“The Jetti Macapagal Building stands as a testament to Jetti Petroleum Inc.'s dedication to progress, community engagement, and service excellence. It reflects the company's commitment to not only fueling vehicles but also supporting the aspirations of the people and businesses it serves,” the firm stated.

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