Oil firms join Petron in Guimaras cleanup

August 28, 2006

By Iris Cecilia C. Gonzales

OIL firms are pooling their resources to help contain the damage caused by the massive oil spill near Guimaras island, company executives yesterday told BusinessWorld.

“We are working directly with Petron [Corp.],” Total Philippines spokesperson Malou Espina said yesterday.

She said Total is providing oil dispersement supplies and other needs such as rubber boots and gloves for the cleanup.

M/T Solar I, the vessel that Petron tapped to transport oil went down amid bad weather last August 11 off Guimaras island, causing a massive spill said to be the worst to hit the Philippines.

Petron chairman Nicasio I. Alcantara said the oil firm is doing what it can to contain the damage caused by the spill, including shouldering expenses and other clean-up obligations.

Petron, a publicly listed firm, however maintained that it did not cause the spill but said it is exerting all efforts to contain the problem.

Other independent oil players are also providing assistance to Petron to contain the problem.

Members of the Independent Philippine Petroleum Companies Association, Inc. are pooling their resources to help Petron, chairman Fernando L. Martinez said yesterday.

(Originally published in BusinessWorld, Aug. 28, 2006. Click here for the rest of the story.)

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