Published June 8th, 2008
SEAOIL fixes gas price at P53.50 a liter through prepaid card
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SEAOIL Philippines Inc., the largest independent retailer of petroleum products in the country, has introduced an industry-first prepaid card that pegs a customer’s gasoline purchase at P53.50 per liter.
Company officials explained that the Price Lock Prepaid Fuel Card can be used to buy 20 liters of gasoline (G5 X-treme and Unleaded) from any SEAOIL participating stations. The selling period is from June 10-22, 2008. Each card costs P1,070 and is valid for 10 weeks (June 10 up to August 22, 2008).
Since the price has been fixed, cardholders will have an easier time budgeting their fuel expenses as they will be insulated from further spikes in gasoline costs during the promo period.
In the less likely event of a price rollback also during the period, i.e. the price goes down to less than P53.50 a liter, SEAOIL will refund unused (unscratched) fuel prepaid cards.








