SEAOIL inks deal with SK Networks for supply of Euro-5 diesel

Leading independent oil player SEAOIL Philippines, Inc. (SEAOIL), signed an agreement with SK Networks, a major South Korean trading house, for the supply of Euro-5 diesel over the next six months. Euro-5 diesel complies with more stringent standards used in the European Union and SEAOIL will be the first to offer this product in the local market. In the photo are (L-R): Bernie Raymundo, SEAOIL VP for Supply; Francis Glenn Yu, SEAOIL President and CEO; Kyong Mun Cha, SK Networks General Manager of Resources and Energy Division; and Jason Lee, SK Networks Manager for Petroleum Trading.