Caltex distributor Chevron upgrades terminal in Lapu-Lapu City
Investment increases storage capacity to 150K barrels
MANILA: Chevron has upgraded its terminal in Lapu-Lapu City, Cebu — allowing it receive import vessels and load domestic vessels.
KEY TAKEAWAYS
How many barrels can the upgraded Chevron Lapu-Lapu City facility store?
The upgraded Chevron Lapu-Lapu City facility can store up to 150,000 barrels.How much was invested to upgrade the Chevron Lapu-Lapu City facility?
Around 3.1 million US dollars were invested to upgrade the Chevron Lapu-Lapu City facility.The investment (which is about 3.1 million US dollars ([USD>) to upgrade its terminal’s storage capacity to 150,000 barrels (approximately 24 million liters). This is expected to result to annual value of around one million USD.
The Lapu-Lapu terminal serves as Chevron’s gateway to Central Visayas — supporting fuel supply to nearby cities and municipalities and opens new opportunities for interested retailers and business partners by ensuring more reliable fuel supply.
Photo from Chevron Philippines IncorporatedThis update comes nearly a year after Chevron Philippines Inc. (CPI) signed agreements with Batangas Land Company for the lease of its properties in major cities around the Philippines.
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Aside from the Lapu-Lapu terminal, CPI renewed its lease in San Pascual, Batangas; San Fernando (Poro), La Union; and Sasa, Davao City.
Chevron, which markets the Caltex brand of fuels and lubricants, also committed funding to these terminals’ energy infrastructure to maintain the safety and effectiveness of their operations.
The aforementioned facility recently received its first import vessel with products coming from South Korea.
Photo from Chevron Philippines Incorporated“Our investment in the Lapu-Lapu terminal is a sign that Chevron is here to stay and will continue to boost the capacity of our other local terminals. We want to move more safe quality Caltex fuels around the country. This is part of our wider mission of ensuring that all corners of the Philippines have access to a reliable fuel and energy source,” CPI General Manager and Country Chairman Pongtorn “Bon” Tangmanuswong said.
For over a century, Chevron has built a reputation grounded in credibility and accessibility through its expansive network of 600+ service stations, terminals, and other supply points. Securing energy infrastructure investments, it ensures that its high-quality, reliable fuel and energy services remain within reach for Filipinos nationwide.
Also read:
Chevron enjoys retail network, social investment growth in 2025
Foodpanda riders get P10/L price cuts in Caltex stations
Caltex adds 11 service stations, 12 workshops in PH
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