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Co-op Opens Gas Station in Tagbilaran City

TAGBILARAN CITY -- The Bohol Community Multi-Purpose Cooperative which has 1,000 members inaugurated on February 27 its own gasoline station.  Jannete Romero and Melchor Daniel, BCMPC’s Manager and Chairman, respectively, led the opening of the cooperative’s Phoenix Gasoline Station, the first in the province, located along Gallares Street.
 
City Mayor John Geesnell Yap IIand Cooperative Development Authority Administrator Benjie Oliva attended the event.
BCMPC’s gas station is the first owned by a cooperative in Bohol.
 
Its establishment came after the CDA called on cooperatives to start businesses in the sale of petroleum products as part of efforts to address high fuel prices in the province.
 
The BCMPC aims to sell fuel at lower prices than those of the “Big Three” fuel stations, its officials said.
Oliva called on other cooperatives to venture in the fuel retail business.
 
According to Oliva, several individuals have monopolized the industry, causing the rise in fuel prices.  
 
“The two major problems of the province right now in terms of the high cost of fish are caused by few people of this province monopolizing all of these enterprises,” he said.
 
The Bohol Provincial Board has previously tackled the fuel situation in the province due to public clamor against purported exorbitant petrol prices.
 
Meanwhile, Yap welcomed the new development, noting that it adds to the fuel brand choices of motorists in the city and generates employment.
 
“Everytime nga nay bagong mga establishment, i-welcome gyud nato ni kay additional kita ni sa atong siyudad at the same time job opportunities ug ang pinaka-importante naan a puy laing option ang atong mga motorist,” he said. (Everytime there is a new establishment, let’s welcome it because it is additional income for our city and at the same time it generates job opportunities, and most important our motorists now have an option.)
 
www.boholchronicle.com.ph
 

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