ENOC Africa sets for major expansion drive

 

Dar es Salaam. ENOC Africa is planning a major expansion program in Tanzania in the coming few months as a strategy to tap the booming local as well as regional market.

ENOC Africa, a Tanzanian oil company is a joint venture between Petro (T) Limited and Dubai’s ENOC Supply and Trading LLC (ESTC), a subsidiary of Emirates National Oil Company (ENOC) owned by the Government of Dubai.

 “We are planning to invest heavily in Tanzania and the East African countries, beyond between now and next year”, ENOC Africa Managing Director, Mr. Arshid Esmail said.

Under the planned expansion drive, the company, which is actively participating in the Bulk Procurement System (BPS) tenders of white petroleum products through the Petroleum Importation Coordinator (PIC) in Tanzania, will now enter into terminalling and storage facilities while spreading the horizon of their activities in East Africa.

ENOC Africa take note of the steadily increasing trend of economic development of Tanzania and East African region in the next few years, and recognizes the need for state-of-the-art storage facilities, at industry affordable costs for the wholesalers, in the region. 

 

This dynamic move from ENOC Africa is meant to make sure that Tanzania and its neighbouring landlocked countries have enough reserves even during times of uncertainties in global supply of the products, which will support the country and the wholesale businesses significantly. 

“Our storage facilities will be built across Tanzania, Uganda, Rwanda, Burundi, DRC, Zambia and Malawi as we remain a trusted partner in the response to any urgent crises in fuel shortage while remaining firm on quality assurance of our products,” he said.

ENOC Africa is the first Tanzanian company which has won two competitive tenders in February and July under the bulk procurement system, this year. He said the company relies on its state-of-the-art refinery and International Standard Quality Testing Laboratory (ISQTL) to ensure supplies meet the quality requirements of Tanzania and neighboring countries”, he said, adding: 

“Being an advocate of the BPS initiative, ENOC Africa believes it has what it takes to play an increasingly important role in sustaining Tanzania’s Strategic Petroleum Reserves (SPR) which helps the country during times of supply crises”, he said.  He added that ENOC Africa has the right products and infrastructure to respond to any urgent crisis in fuel shortage situations.

Apart from winning two BPS tenders, ENOC Africa also prides itself for being a company that operates with a team of oil and gas professionals. With such capabilities and rich exposure over decades, ENOC Africa is determined to provide accelerated support to the growing quality conscious product requirements of wholesalers and retailers, while providing guiding role as responsible partners to all the stakeholders in Oil and Gas industry in Tanzania and East Africa.