Aramco Comes Back to the Philippines; Per-Outlet Cash Gap Now Seven Times Wide
Saudi Aramco is set to open its first branded service station in the Philippines on July 16, taking over a current Unioil site on Sucat Road in Parañaque. The launch is a modest step, but it raises a bigger question about investment: Aramco spent at least 6.9 times more per outlet here than it did for each listed retail station in its Pakistan fuel deal.