Focus Taiwan
Date: 2017/02/26
By: Tsai Yi-chu and Ko Lin
Taipei, Feb. 26 (CNA) American warehouse club Costco Wholesale Corp. announced
(CNA file photo)
Sunday that it will begin providing fuel services to Costco members at its branch in Zhongli, Taoyuan starting March 2.
Costco Taiwan Vice President Wang Yu-mei (王友玫) said the Zhongli gas station will be self-service, but Costco employees will be on hand if customers need assistance.
Costco will buy its gasoline and diesel from state-owned CPC Corp. (中油), Wang disclosed, and said the company will likely adopt a floating price mechanism similar to CPC and Formosa Petrochemical Corp. (台塑石化), a privately owned fuel supplier.
Asked to comment on rumors that the retail giant plans to sell fuel at NT$3 per liter cheaper than its competitors, the Costco executive responded that it aims to provide the best fuel prices in Taiwan. [FULL STORY]
