Reatile Gaz and Easigas Ltd merge as Africa's LPG market flourishes

Reatile Gaz Ltd and Easigas Ltd have announced an agreement to merge their respective Southern African LPG operations.

Easigas is a wholly owned subsidiary of the Frensh-based Rubis Group which operates in South Africa, Swaziland, Lesotho and Botswana.

Reatile Gaz, which has LPG operations in South Africa, Mozambique and Zimbabwe, is ultimately owned 55% by Reatile Group (Pty) Ltd and 45% by Engen Petroleum Ltd.

The merged operation will be owned 60% by Rubis Group (France), and 40% by Reatile Gaz,
and will be a truly regional player, offering enhanced efficiency and reliability of supply to its
customers through the combined LPG supply and distribution infrastructure of the parties, accordind to the companies.

This merger will “position a black owned and managed company as a key player in the Southern African LPG market”, said the companies.

Africa´s LPG market is quickly growing, pushed by an increasing population, the expansion of local economies, and the continent´s large gas resources – Nigeria and Algeria have the 9th and 10th biggest proven natural gas reserves in the world.

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