Phoenix Petroleum expands partnership with Cebu Pacific
Davao-raised businessman Dennis Uy has strengthened his partnership with the Gokongwei family’s Cebu Pacific Air.
Uy’s Phoenix Petroleum inked a contract with Cebu Pacific to provide into-plane services in Bacolod, Dumaguete, and soon in Mactan airports, aside from the fuel storage and bridging services it currently provides the budget carrier.
Phoenix Petroleum has also started servicing Cebu Pacific in Roxas Airport in Capiz and in San Jose airport in Occidental Mindoro, the first airport it is servicing in Luzon. These two new additional airports increase Phoenix Petroleum’s total number of domestic airports served to 17.
The oil firm has been the exclusive logistics provider of Cebu Pacific in Mindanao by providing hauling and into-plane services since 2005 when the oil company was just starting in Davao City. In January, the two companies renewed their supply agreement for jet fuel through Phoenix unit Subic Petroleum Trading & Transport Phils. Inc.
Phoenix is currently among the country’s top three providers of fuel. It has expanded into convenience store retailing through Philippine FamilyMart and asphalt manufacturing, marketing and distribution through Phoenix Asphalt Philippines.