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Libyan oil firm expands in Ethiopia with 17 new petrol stations

Libya state-owned OiLibya is expanding in Ethiopia with a total of 17 petrol stations, raising the number of stations operated by the fuel supplier to 167, reports AllAfrica.com.



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Author: PetrolPlaza Correspondent Daniel Infante Tuaño

Five petrol stations were already opened last month, two of which are in the capital Addis Ababa.

The remaining stations are set to be launched in the country’s five regional states in the coming months.

Considered as the company’s most important expansion in eight years, OiLibya together with partner companies are investing 75 million Br (3.2 million dollars) in the petrol stations.

OiLibya, a brand name of Libya Oil Holding, supplies and markets petroleum products in 18 African countries.

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Estifanos Worku new

Dear sir/madam My name is Estifanos Worku; I am certified management consultant based in Harar. One of my clients is a businessperson engaged in merchandising business who understood unmet demand for petroleum products in his hometown, the town of Kombolcha, eastern hararghie zone of Oromia region, 16 km far from Harar city. Thus, we conducted a situational analysis to identify the extent of unmet demand for petroleum products for vehicles, generating set, and household consumption. There is only a single gas station (total brand) operating in the town with limited capacity to med the growing demand in the area. The town is one of the lucrative business areas with a daily turnover of millions of birr. To this effect, I am preparing a project document to do a franchising business with your company. I appreciate if you can provide us information (guideline)on the requirement to start a petroleum retail business. I can be reached through my telephone: +251 920 457 778. I look forward to receiving your reply. I extend my gratitude for your consideration and prompt reply. With Regards Estifanos Worku