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BCDA and PPMC secure fuel pipeline leases at Poro Point
The Bases Conversion and Development Authority (BCDA), via its subsidiary Poro Point Management Corporation (PPMC), has signed lease agreements with Chevron, Shell, and Petron to secure their continued operations at the San Fernando International Seaport in La Union.
These agreements aim to reinforce energy security and supply chain resilience in Northern Luzon. The move solidifies the seaport’s role as a primary logistics hub for fuel, commercial trade, and essential commodities. BCDA President and CEO Joshua M. Bingcang noted that a well-managed port environment is essential for long-term economic stability and attracting future investment to the region.
Entities
Bases Conversion and Development Authority · Chevron · Petron · Poro Point Management Corporation · Shell