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Ethiopia seeks to build 160 petrol stations

The Ethiopian Petroleum Supply Enterprise (EPSE) is planning to build a network of 160 petrol stations to address fuel station shortage in the country.

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Author: PetrolPlaza Correspondent Daniel Infante Tuaño

EPSE will conduct a feasibility study and will form a new company that will be involved in fuel distribution, according to The Reporter.

The new company will be in charge of rolling out 160 stations, 60 of which will be in the country’s capital of Addis Ababa.

The gas station proposal, pending approval of the EPSE board and the government, also considers the possibility of entering into a joint venture with a foreign oil firm.

Ethiopia, with a population of 100 million and more than 800,000 registered vehicles, only has 800 fuel stations.  The growth of the fuel distribution industry is stunted by a number of factors including the scarcity of land and minimal profit margin.

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