Total to set up 20 stations in Cebu

Total Philippines plans to open at least 20 gasoline stations in Cebu in the next two to three years, said Total Philippines Corporate Affairs Manager Malou Espina. The company’s plan to expand in Cebu has long been formulated as Cebu has been identified as one of its key growth areas, with the city’s robust economy and business friendly climate. Total Philippines’ market share in 2009 was at 4.3%. With its expansion plan, the company hopes to double its market share, according to Espina. (December 5, 2010)