(DailyNewsUg) Vivo Energy Kenya has opened a 23 million litre diesel storage tank at the company’s Mombasa terminal at Shimanzi in what is the largest diesel storage capacity in the country by one oil marketer, a strategic move that will greatly support Uganda’s Shell Customer’s countrywide.
The company also opened a 5 million litre petrol storage tank.
The opening of these tanks increases the company’s diesel storage to 53 million litres, and petrol storage to 29 million litres.
“Additional storage will enable Vivo Energy Kenya to support its rapidly growing retail business which has witnessed a 54 per cent growth over the last three years. It also increases flexibility to support inland markets like Uganda.” According to Vivo Energy Kenya Managing Director, Polycarp Igathe.
He added that the company will additionally save money on shipping demurrage costs as fewer fuel tanker discharges will be needed.
In the last three years, Vivo Energy has increased the number of Shell service stations in Kenya by 54 per cent from 112 to 172.
In October 2015 the firm opened a 14 million litre petrol storage at the same facility.
About Vivo Energy Uganda
With a vision to become Africa’s most respected energy business Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants, was established in February 2013. The Shell brand has been in Uganda since 1953.
Vivo Energy Uganda has a fuels storage capacity of 17,500 m³ and 127 service stations, with many offering Shell Cards and convenience retail stores.
Vivo Energy Uganda employs around 120 employees. The company is recognised as a leader in the oil industry, championing and setting standards for safety.
Vivo Energy provides high quality solutions for motorists and businesses in Botswana, Burkina Faso, Cape Verde, Ghana, Guinea, Ivory Coast, Kenya, Mali, Mauritius, Madagascar, Morocco, Mozambique, Namibia, Senegal, Tunisia and Uganda. Its retail offering includes fuels, lubricants, card services, shops and other non-fuel services (e.g. oil change and car wash). For businesses it provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, and manufacturing. Jet fuel is sold to airports through customers at 23 airports though a partnership with Vitol Aviation.
The company employs around 2,300 people, operates over 1,700 retail service stations under the Shell brand and has access to approximately 900,000 cubic metres of fuel storage capacity. Shell and Vivo Lubricants has blending capacity of around 125,000 metric tonnes at plants in six countries (Ghana, Guinea, Ivory Coast, Kenya, Morocco, and Tunisia) producing Shell branded lubricants.