erpecnews

Ghana oil completes 50 years of operation
GOIL Ghana Limited turned 50 last Monday,
having been incorporated as a private
limited liability company, AGIP Ghana
Company Limited back in 14th June 1960,
with the objective of marketing petroleum
and related products, particularly fuels,
liquefied petroleum gas (LPG), lubricants,
bitumen and other specialty products in
Ghana. Even though the golden jubilee
date passed without ceremony, an analyst
In South Africa, HDI Youth marketeers have
evaluated the opinion of the youth market
on SA’s petrol stations. Engen took top spot,
with BP and Shell coming a close second
and third respectively. A spokesperson for
this initiative, Jessica Oosthuizen, says that
“even though the more youthful element of the
research group obviously do not drive cars,
they are still conscious of garages because of
the forecourt convenience stores, and marketers
should take note that many kids are
able to influence where their parents fill up.
For the under 13s, the preference for Engen
The Energy and Water Utilities Regulatory
Authority (EWURA) has closed 21 fuel stations
in Arusha and Kilimanjaro region for
selling substandard petroleum products. The
outlets were among 49 stations inspected
by EWURA in the two northern regions in
recent weeks. EWURA informed in a statement
that Meru 3 Petrol Station operated by
Mount Meru Petroleum Limited in Arusha
and Vijana Petrol Station operated by Loden
Petroleum Industrial Supplies in Kilimanjaro
Region would be closed for a year for repeated
offences. The remaining 19 fuel stations were
all first offenders, and EWURA has closed
them and ordered their proprietors to pay a
3 million shillings fine each after which they
would be allowed to reopen after the authority
gathered from sources close to management
that the company is presently focused on a
strategy soon to be rolled out that would give
its competitors a run for their money. Shareholders
at the time of incorporation of GOIL
were AGIP SPA of Italy and SNAM S.P.A.
On the 16th of December 1968, SNAM
S.P.A. transferred its 10 percent shareholding
to Hydrocarbons International Holdings
of Zurich, Switzerland. In 1974, the government
of Ghana acquired the shares of AGIP
SPA and Hydrocarbons International Holdings
in AGIP Ghana Company Limited and
by a special resolution in 1976 changed the
name of the Company to Ghana Oil Company
Limited. By a shareholders resolution passed
on 1st August 2007 the company adopted
new regulations and was converted into a
public company.
Modern service stations stand or fall by the
quality of their shops
over BP and Shell is therefore not so much
to do with the petrol as it is the shops. Even
in the broader category of grocery stores, BP
Express and Engen Quick Shops ranked a
creditable ninth and 10th position. While
Engen is number one among kids and teens,
BP (22.9 percent) is the preferred garage
brand for young adults, who by this time are
driving. For 19- to 22-year-olds, Engen’s vote
was 21.8 percent. However, among the 8- to
13-year-olds, the preference for Engen was
quite marked at 24.4 percent over closest
rival BP’s 16.1 percent”.
ewura closes 21 fuel stations in tansania
confirms that they have gotten rid of the substandard
products they were selling. EWURA
public relations officer Titus Kaguo informed
that 30 of the inspected fuel stations were
in Arusha, while 19 were in the Kilimanjaro
Region. “It was a routine inspection meant
to check the quality of petroleum products
sold in the two regions”, he said. The inspectors
also visited two oil depots in Arusha,
which were found to be conforming with the
Tanzania Bureau of Standards specifications.
Mr Kaguo warned petrol stations found to
have violated TBS specifications for a third
time would have their licences permanently
revoked. He added that EWURA was being
hampered by a lack of testing equipment that
promptly gave test results.
NewS – MIddLe eaSt, aFrICa & aSIa
Shell to open more
petrol stations this
year in Indonesia
PT Shell Indonesia, a subsidiary of oil giant
Royal Dutch Shell Plc, will open five
petrol stations in Jakarta and Surabaya,
East Java, in the immediate future, the
company’s executive has said. Shell public
management Consultancy Manager Esto
Sunarso informed reporters that three of
the stations would be in Jakarta and the
other two in Surabaya.
Government fuel to be
marked in Swaziland
Government fuel will now be marked with
a different detection solution to monitor its
use so as to curb its misuse, dilution and
theft for resale. The Ministry of Natural
Resources and Energy is implementing a
nationwide fuel marking and quality assurance
project which involves marking of all
fuel that legally enters the country by road
or rail with a unique marker.
totaL Kenya attracts
interest from NoCK
National Oil Corporation Kenya (NOCK) is
likely to acquire some of the former Caltex
fuel distribution business being sold by
TOTAL Kenya. Mwendia Nyaga, Managing
Director of NOCK, informed that the final
decision is with TOTAL. It is understood
that NOCK is bidding for 21 service stations.
Other assets that the company is eyeing
include the ex-Chevron plant in Mombasa,
aviation facilities and filling plants. “We are
bidding for selected assets. We are not aware
who we are competing with”, said Nyaga.
NNPC acquires 250
fuel retail outlets
Levi Ajuonuma, Group Public Affairs Mana -
ger of Nigerian National Petroleum Commission,
NNPC, said that the decision was
part of NNPC’s long-term objective to ease
the challenge of artificial fuel scarcity in
the country adding that the decision was
arrived at in collaboration with the Independent
Petroleum Marketers Association
of Nigeria (IPMAN).
LateSt NewS, eveNtS, JobS oNLINe – www.PetroLPLaza.CoM 9