Homegrown oil company is among top importers

HOMEGROWN Phoenix Petroleum Philippines has been recognized as among the country's top importers for 2012 by the Bureau of Customs (BOC).

Phoenix Petroleum emerged as the Top 7 importer after paying a total of P4.733 billion in import taxes to the government. Among oil companies, Phoenix became the fourth largest importer after the three majors.

Phoenix was also the country's Top 7 Importer in 2011, paying P3.69 billion in taxes.

Finance Secretary Cesar Purisima and BOC Commissioner Rozzano Rufino B. Biazon presented the recognition to Phoenix and other top importers last February 6 during the BOC's 111th Founding Anniversary held at Malacanang sa Sugbu in Cebu City.

The ceremony was also attended by BIR Commissioner Kim Henares, Acting Cebu Governor Agnes Magpale, and other government officials and representatives from the private sector.

Phoenix Petroleum was earlier recognized as the Top 1 Importer in Davao City and Top 10 Importer in Cagayan de Oro for CY 2012, and Top 10 Importer in Batangas for 2011.

Phoenix Petroleum Philippines is the fastest growing independent oil company today with an expanding network of operations nationwide.

It is engaged in the business of trading refined petroleum products and lubricants, operation of oil depots and storage facilities, shipping/logistics and allied services.