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AfricaMoney | June 22, 2017

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Engen Petroleum buys into Mauritius jet fuel market

Engen Petroleum buys into Mauritius jet fuel market

African energy major Engen has bought 15% of fuel storage infrastructure for planes from the Sir Seewoosagur Ramgoolam international airport, tapping into tourist arrivals and flights towards Mauritius.(Image:gpweekly.com)

Engen, the African energy multinational that has been operating in Mauritius since 2011 and has a presence in 18 countries across Sub-Saharan Africa and the Indian Ocean Islands, has bought 15% stake in the JUHI jet fuel storage facility at the Sir Seewoosagur Ramgoolam  (SSR) International Airport.

Joan Njoroge, managing director of Engen Petroleum Mauritius, explains that jet fuel storage facilities are most often run in consortium mode, to minimise the number of depots and therefore, airport security risks.

Accordingly, he noted that the “co-ownership puts Engen on a competitive footing with other oil companies.”

And, the investment has already begun to pay dividends.

“We have already won several tenders since we began activities in April,” Njoroge says, adding that aviation makes up a considerable share of Engen’s business in Mauritius, and it could conceivably get bigger.

Many major airlines fly out of SSR International Airport and more growth is expected on the back of tourism, continued growth in export activities and business conferencing.

With the new modern airport with much larger capacity that was completed in 2013, Engen is looking forward to filling more storage capacity.

Also, Engen continues to blaze a trail of green across its retail network with a brand-new eco-friendly service station concept in Réunion.

The site will serve the community of Beausejour – a full-scale new urban eco-development from the town of Saint-Marie near the capital Saint-Denis, and the development will take the form of an “eco-city” consisting of 2,000 homes built on 80 hectares over the next 10 years.

Having won Beausejour’s call for tenders for a green retail service station, Engen is now finalising project details, says Mike Cook, Retail Services Manager for Engen’s International Business Division.

“Construction will start in three months and should be finished by year-end,” he notes.

The site will combine cutting-edge environmental features with leading service station and convenience functionality.

As with many service stations across the Engen network, the site will favour natural ventilation, LED lighting with presence detection, equipment of minimum energy class, remote monitoring, smart meters, and solar heating, light tracking and cooling.

“Engen has a solid track record of implementing energy-and-water-saving measures across our retail networks and other areas of our operations, but this takes our retail environmental performance to a whole new level,” says Drikus Kotze, the General Manager of Engen’s International Business Division.

“We are very proud to take a leading position among our peers in the oil industry, in keeping with the progressive environmental stance of the island itself,” says Hervé Maziau, Managing Director of Engen Réunion.

 

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