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Petron to invest in Malaysian fuel retailer
Petron has said that it will make investments
in the retail business of ExxonMobil Corp.
in Malaysia. It was earlier reported that San
Miguel Corp., the parent company of Petron,
last year acquired ExxonMobil’s 65 percent
stake in Malaysian oil refiner Esso for $ 610
million. San Miguel said that the agreement
also includes the acquisition ExxonMobil’s oil
retail units in Malaysia, namely ExxonMobil
Hundreds of petrol stations leaking fuel
In Australia, more than 900 New South Wales
petrol stations and depots could be leaking fuel
into soil and groundwater official data shows.
Figures contained in a NSW Auditor-General
report released late last year show 770 service
stations and 176 other petroleum sites were
actually or potentially contaminated, with
many leaking fuel from underground tanks. In
two of the worst confirmed cases, high levels
SoN begins testing of petroleum products
As parts of efforts to ensure that adulterated
petroleum products no longer get to
the Nigerian market, Standards Organisation
of Nigeria (SON) is looking closely at
the distribution chain. Director-General
of SON, Mr. Joseph Odumodu said “right
from the landing point to the pump point,
petroleum products will be tested and given
Pertamina to build terminal in Riau Islands
Indonesian State oil and gas firm PT Pertamina
announced that it would set up a new fuel
terminal on Sambu island, Riau Islands, with
a total capacity of 300 000 kilolitres in a bid
to strengthen the national fuel stock. The
terminal, worth US $ 50 million, would consist
of storage and three docks for vessels with a
maximum capacity of 100 000 dead weight
tons (DWT), the company’s Spokesperson,
NUPeNG plans mega stations in 774 LGAs
In order to make petroleum products available
nationwide at the official pump price, the
National Union of Petroleum and Natural Gas
Workers (NUPENG) has concluded plans to
have its own mega filling stations in each of
the 774 Local Government Areas (LGAs) in
the country. The President of the union, Igwe
Achese, revealed this in Calabar during the
Malaysia Sdn Bhd and Exxon Mobil Borneo.
Physical assets include the Port Dickson refinery
with a rated capacity of 88 000 barrels
per day; seven fuel distribution terminals; and
a network of roughly 560 branded service
stations, 420 of which are company-owned.
Petron has almost 1 800 service stations
nationwide, the largest network in the fuel
industry by far.
of the cancer-causing agent benzene leaked
from a petrol station were detected beneath a
waterfront park and elevated concentrations
of a toxic chemical mix were recorded inside a
home near another service station. Some fuel
companies, including BP, Caltex and Mobil,
class all petrol station sites as potentially
contaminated and refer them to authorities
as a matter of precaution.
pass mark or otherwise”. “Anyone or station
found wanting should know that such station
be closed and the people behind such
irregularities will be made to face the law”,
Odumodu warned. “We are not only carry
out the testing at the landing points at the
ports, we are also taking it to all 15 000
filling stations across the country.”
Mochamad Harun, reported. The construction
of the facilities is expected to be completed
in 2013 and is also expected to optimize the
potential of Sambu Island as a fuel business
hub in Southeast Asia. Pertamina distributes
60 million kilolitres annually. It has six
refineries, more than 130 tankers, 160 fuel
terminals, 2 688 tank trucks, over 4 800 fuel
stations and 15 000 employees.
natio nal training workshop for saying the pro -
ject tops the union’s investment agenda. Achese
explained that the mega stations would help
create employment opportunities for deserving
Nigerians even as it would ensure that all
marketers within sell according to government
litre price and thus bring to an end disparity
in the pump price of petroleum products.
Mozambique launches tender for fuel stations
The Mozambican National Energy Fund
(Funae) has launched a public tender to hire
a company to build fuel supply stations in
rural areas. The project is expected to take
six months to build once the tender has been
awarded. The fuel stations will be built in
17 rural districts in the south, centre and
north of the country.
LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM
NeWS – MIDDLe eASt, AFRICA & ASIA
Ptt talks expansion
plans in Cambodia
Thailand’s state-owned energy firm PTT
Plc has said it will expand its oil retail
operations in Cambodia. PTT plans to
open more than 20 new petrol stations
in Cambodia during the next five years,
with up to six stations starting business
in 2012, Bin May Mailia, a Manager for
PTT in Cambodia, has said. “We want
to have the complete business chain in
Cambodia, both retail and oil production.”
Competition among oil retailers in
Cambodia is growing rapidly, a manager
at Kampuchea Tela Co Ltd said that the
Cambodian-owned company, which has
about 40 service stations in the country,
aims to open as many as 15 new stations
this year, requesting anonymity
because he was not authorised to speak
to the media.
vietnam checks
gasoline quality
Vietnam’s quality watchdog has said that
it has started checking gasoline quality
on suspicion that poor-quality fuel was
related to recent vehicle fires. Tran Van
Vinh, Deputy Chief of the Directorate
for Standards, Metrology and Quality,
said his agency took samples from the
provinces and cities where the fires took
place, especially at gasoline stations
where the owners of burned vehicles
made purchases before the incidents. In
an interview Vinh said probably after 11
fuel traders in Ho Chi Minh City were
found selling low-performance gasoline
(A83) under the labels of high-performing
ones – A93 and A9, other traders mixed
some additives into their products to increase
performance. The additives were
probably related to the fires, he said.
Shell oman Retail
record
Shell Oman Marketing Company declared
to have crossed a record retail sales volume
of over 1.5 billion litres of fuel in 2011.
Shell Oman has a growing network that
currently consists of 144 stations. An independent
market research conducted in Q3
2011, indicated that Shell Oman successfully
covers 95 percent of the population
through its conveniently located stations.
The market research also shows that Shell
Oman is leading on key factors like brand
preference and customer satisfaction.
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