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CReDItS 2 european office com-a-tec GmbH Am Krebsgraben 15 78048 Villingen-Schwenningen Germany Tel + 49 (0) 7721 9830-0 Fax + 49 (0) 7721 9830-70 www.erpecnews.com UK office McLean Events Europe Ltd South Lodge Buildings Westwood Lane Normandy Guildford, GU3 2JE Tel + 44 (0) 1483 810670 Publisher McLean Events Europe Ltd Nick Needs nick@erpecnews.com Tel + 44 (0) 7786 607075 News PetrolPlaza.com Bodo Schwarz petrolplaza_editor@com-a-tec.de Tel + 49 (0) 7721 9830-41 Art Director Ramona Raithel ramona.r@com-a-tec.de Tel + 49 (0) 7721 9830-0 Marketing Manager Sandra Stroppel sandra.s@com-a-tec.de Tel + 49 (0) 7721 9830-0 Sales Director Stephen Bozdan stephen@erpecnews.com Tel + 44 (0) 1483 810670 Advertising will be accepted in each issue on a limited basis. All requests for advertising should be sent to advertising@erpecnews.com editorial News items and product news can be sent to editor@erpecnews.com Printed by Printstudio VS GmbH www.printstudio-vs.de erpecnews is published monthly by McLean Events Europe Ltd in conjunction with PetrolPlaza.com and distributed to retail petroleum operations in Europe and the Middle East. McLean Events Europe is the organiser of erpec, the leading business event, held every two years, for Europe's retail petroleum market. Copyright The views expressed in print are those of the author and do not necessarily represent those of the publisher, McLean Events Europe Ltd. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by means electronic, mechanical, photocopying, recorded or otherwise without the prior permission of the copyright holder. McLean Events essar increases domestic network Essar Oil MD and CEO LK Gupta have said that the company was planning to build a 5 – 7.5 million tons-a-year oil refinery in Uganda. “There is a big oil find in Uganda and we believe that there is a possibility of building a refinery there”, Gupta said and added “Essar Oil was already in talks with the Ugandan government in this regard”. Gupta also said that Essar Oil had decided Golez files for pump calibration Bacolod Rep. Anthony Golez Jr. confirms that he has filed a bill for the creation of a “Fuel Pumps Calibration Act” House Bill 5 483 requires the calibration of fuel pumps in all filling stations twice a month and imposes penalties for violations. “The problem of high fuel prices is compounded by the devious acts of filling stations that do not have properly calibrated fuel pumps. Retail fuel bangladesh talks to secure fuel supplies Bangladesh Petroleum Corporation is discussing long term contracts to import oil products to meet growing domestic demand in 2012. A team headed by BPC Chairman Mohammad Abu Bakar Siddique has held talks with Kuwait Petroleum Corporation (KPC), Emirates National Oil Company (ENOC), Malaysia’s Petronas, Egypt’s Middle East Oil Refinery and Philippines National Oil Company (PNOC) to discuss quantities LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM to step up its retail petrol sales in India by increasing its network of filling stations by about 25 percent. “We are opening 300 more filling stations across the country in addition to our existing network of 1 300 outlets”, said Gupta. Essar is expanding its retail petrol sales to take advantage of the market-linked pricing for the fuel, which was introduced last June. consumers do not get their money’s worth when the fuel pumps serving them are not properly calibrated.” He has said. His bill provides penalties that will make sure that filing station operators and owners will no longer resort to defrauding the consuming public. The proposed law also has a provision penalizing government officials who connive with owners or operators of filing stations. and price details. Bangladesh’s fuel oil imports are likely to more than double next year to around 1.65 million tonnes, while overseas purchases of diesel may rise about 25 percent to 3.74 million tonnes on growing domestic demand, according to a senior BPC official. Besides diesel and fuel oil, Bangladesh will import 385 000 tonnes of jet fuel, 100 000 tonnes of 95-octane gasoline and 90 000 tonnes of kerosene in 2012. Choice Petroleum goes independent One of the biggest pieces of Australian industr y news recently was the announcement independent fuel company Choice Petroleum had been acquired by Ausfuel, also an independent company. Choice Petroleum was established by Gladstone businessman Evan Ryan and started operations in 2000 and operates 21 company-owned service stations. Choice also operates a fleet of fuel tankers supplying bulk fuel directly to farming Nigeria to merge PeF with larger organisations To resolve the conflicts and duplication of duties in the oil and gas industry, the Federal Government Parastatals and Agencies Restructuring and Rationalisation Committee, has recommended in its preliminary report that the Petroleum Equalisation Fund (PEF), Weights and Measures, in the Ministry of Trade and Investment be merged with bigger organisations with similar functions. It also called for the streamlining of the duties of customers. Ausfuel Group CEO Brooke David said the company was delighted to acquire Choice Petroleum, as it ensured it remained in independent hands. “Like the Ausfuel Group, Choice has a proud history of providing competition and a viable alternative to the multi-national fuel companies”, Mr. Brooke said. Choice coming on board expands the Ausfuel network into strategic parts of Queensland in a significant way. the Department of Petroleum Resources (DPR). The committee has submitted its preliminary report to the Secretary to Federal Government.In the report the committee recommended that PEF, which oversees refunds for bridged petroleum products in the country, be merged with the Petroleum Products Pricing Regulatory Agency (PPPRA), while the Weights and Measures be fused with the Standards Organisation of Nigeria (SON).
Can foreign companies break Chinese duopoly? Gas station revenue in China is expected to total $ 173.4 billion by the end of 2012, up 13.5 percent on 2011, with an annualized growth rate of 16.4 percent in the past five years, according to IBISWorld. The industry currently consists of a duopoly of two state-owned oil companies, China Petrochemical Corporation (Sinopec) and China National Petroleum Corporation. Controversial station set to open in Malaysia A petrol station in Batu Ferringhi which was completed more than a year ago but could not operate because the local council refused to grant it a licence is now set to open. It was mired in controversy earlier as the residents were against the project which due to structural defects, caused underground water to overflow during piling works. Things came to a head last year when exasperated residents wrote to blended fuel back on market in zimbabwe Greenfuel has started distributing ethanol to fuel dealers for blending with petrol, which should see prices falling. The company announced this week that about 12 fuel stations were already selling blend fuel, a mixture of 10 percent ethanol and 90 percent petroleum. The ethanol component New fuel prices in tanzania worries motorists Motorists in Tanzania will have to dig deeper to purchase petroleum products following a decision by the Energy and Water Utilities Regulatory Authority (Ewura) to raise prices. Price increases have been justified due to increases of wholesale on the world markets. totAL to launch solar powered fuel station TOTAL Ethiopia has inaugurated a solar powered fuel station in the Djibouti corridor according to Haile Eyesus, Communications and Public Affairs Manager of TOTAL. The fuel station will be the first solar powered station in East Africa he said. TOTAL selected the Diciotto area for constructing the fuel station because of it is high temperatures and sunshine. Dicotto was utilizing two generators PetroSA to enter downstream market National oil company PetroSA has “firmed up” plans to enter the local downstream market and is eyeing assets disposed of by major oil companies, says its acting CEO Yekani Tenza. This means that PetroSA is more interested in snapping up existing assets than building its own network from scratch, a move that could be costly and time-consuming. PetroSA The industry is heavily influenced by the vertical integration these companies, which control crude oil mining and the importation of petroleum products and own most of the large refineries in China. These two firms also jointly own over half of the gas stations in China. Sinopec and CNPC gas stations have competitive advantages in fuel supply, funding and technologies. the Penang Island Municipal Council (MPPP), calling for urgent repair works by the developer. Despite the completion of the petrol station, MPPP temporarily suspended the granting of Certificate of Fitness for occupation (OC), subject to the completion of remedial works. The developer had finished rectifying the damage recently to restore normalcy in the neighbourhood as instructed by MPPP. will replace imports in equal measure, saving the country foreign currency and cushioning it from global price shocks. Petrol blending will also enable dealers to cut significantly on the costs of transportation and reduce constraints associated with importation of petrol. However fuel companies have the freedom to sell their products at prices which give them a competitive advantage provided that the price does not surpass Ewura’s approved rates. Petrol station owners are obliged to publish new prices on clearly visible boards. previously but now generates power from solar panels during the day and the power supply from the Ethiopian Electric Power Corporations as back up explained Haile. The solar batteries that provide electricity for the fuel station can supply power for 12 hours he added. The TOTAL Ethiopia board will approve the launch of other solar fuel stations after the Diciotto station shows first operational results. is currently not involved in downstream market activities, even though it produces petrol, diesel, kerosene, fuel oil, liquefied petroleum gas and other products from its gas-to-liquids refinery at Mossel Bay in the Western Cape. The products from the refinery are distributed through oil companies under their own brand names in various Cape regions. LAteSt NeWS, eveNtS, JobS oNLINe – WWW.PetRoLPLAzA.CoM NeWS – MIDDLe eASt, AFRICA & ASIA 3
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