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Country: Ethiopia | Posted / Last update: 19-10-2011

National Oil Ethiopia (NOC) Plc

National Oil Ethiopia (NOC) Plc is the fastest growing oil company operating in the downstream oil business of Ethiopia following the reforms made by the Government of Ethiopia to encourage investment in the oil industry that has been under the domain of multinationals for about a century.

NOC is also marketing Caltex lubricants, one of the world’s leading lubricant brands of the three giant corporations - Chevron, Caltex and Texaco, that are involved in upstream and downstream energy businesses world-wide.

Since its establishment in April 2004, NOC has captured a good portion of the market, competing with multi nationals, who are already comfortably operating in the industry. The company is acquiring numerous corporate customers engaged in different sectors of the economy.

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