Petron: Bataan refinery to close ‘very soon’

THE closure of Petron Corp.’s refinery in Bataan is imminent if all industry players will not be accorded a level playing field, its top executive said on Tuesday.

“Kailangan maging level playing field. Kung hindi maging level playing field ang Petron refinery with the importers, magsasara na rin kami sigurado. Kailan iyon? Very soon (We should be on a level playing field. If Petron will not have a level playing field with the importers, we will close our refinery for sure. When? Very soon),” Petron President and Chief Executive Officer Ramon Ang said in a virtual briefing.