A KENYAN COMPANY, Hass Petroleum Group is building a bulk fuel storage facility at the Dar es Salaam port in Tanzania as it expands its operations in the East and Central Africa region.
p>A KENYAN COMPANY, Hass Petroleum Group is building a bulk fuel storage facility at the Dar es Salaam port in Tanzania as it expands its operations in the East and Central Africa region.
The US$20mn oil storage plant is expected to be completed in 2010 with a capacity of 25,000mn litres to be expanded to 40,000mn litres by 2012.
Abdinasir Hassan, the company chairman told local media that the depot will enable the company increase its business in Burundi and Democratic Republic of Congo (DRC).
It has operations in Kenya, Uganda, Tanzania, Rwanda, Burundi, DRC and South Sudan with over 60 retail service stations. The firm has also launched Atroil and Toprex lubricants for diesel and petrol engines, high and normal grade engine oils as well as gear lubricants.
The exit of multinationals in the oil handling sector has led to an increase in the number of independent local companies.
by Mwangi Mumero
