TIRET October 2012 Issue - MIDROC Ethiopia

NOC Participates at 2012 African
Downstream Workshops
From left to right, Ato Tadesse Tilahun, Chief Executive Officer of NOC-Ethiopia,
ARA President and the Executive Secretary and representative of Lesotho
National Oil Ethiopia (NOC) has participated at the African Downstream
Workshops, organized by CITAC Africa Ltd, at Le Palais des Congrés de la
Palmeraie as part of the African Refineries Association (ARA) Week, from
March 22 – 23, 2012, in Marrakech, Morocco.
NOC, the only participant from Ethiopia, was represented by its CEO, Ato
Tadesse Tilahun.
CITAC Africa Ltd, established in 1998 in UK, is an independent consultancy
company focusing on energy market in downstream Africa, especially
refining, trading and petroleum products marketing. It organized the
workshops jointly with ARA, established in 2006, becoming “the voice not
just of refiners but of all downstream oil in Africa,” according to its website.
Over 300 participants from Africa and the rest of the world took part at the
interactive Marrakech workshops. Participants gained insights into African
and international oil markets; new technologies and methods in refining,
distribution, marketing and financing of African downstream oil; and shared
experiences with Pan-African and international companies.
The workshops also offered an unequalled forum for networking with key
players in the African downstream sector, including refiners, marketers,
international and local traders, banks, storage and distribution companies,
national oil companies and regulators.
Speakers at the ARA Week emphasized the need to invest in downstream
oil infrastructure to ensure efficient, economic and safe distribution of high
quality oil products at a time when products of imports were forecast to
double by 2020.
Mrs Anabela Fonseca, President of ARA said members agreed to encourage
governments and local associations to assist in establishing common fuel
specifications along with major supply chains.
New Model
Launched
MIDROC News
On the occasion of the 7th Customer
Appreciation Week and the
launching of the new Heavy Duty
UD truck model, named “QUON”,
Nyala Motors S.C. that joined the
MIDROC Ethiopia Investment Group
recently, conducted free technical
inspection for customers of UD
trucks, and offered discounts on
Spare Parts of the trucks.
The special program that was held
from June 17 to July 18, 2012 was
organized by the Company, in
collaboration with the manufacturer
of UD Truck Corporation and the
supplier, Marubeni Corporation.
Many UD customers during this
period enjoyed free technical
inspection and benefited through
the discounts on Spare Parts at
the Head Office Sales Counter and
Branch Offices in Hawassa, Bahir
Dar, Dire Dawa and Mekelle.
Nyala Motors S.C. is well known for
its major brands; UD heavy duty
trucks and light duty Nissan Motors
vehicles and forklifts. The Company,
since joining the MIDROC Ethiopia
Investment Group, has made major
renovation of its Branch Offices and
restructured the organogram of the
Company for efficient management.
It has also upgraded and conducted
expansion works at its Branch
Office in Bahir Dar building a
1100sqm. Branch Office Workshop
facility to provide comprehensive
services to customers. Similarly
the construction of a new facility
Branch Office in Hawassa is being
undertaken. The Company has
currently 200 employees in the
Head Office and the different
Branch Offices.
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