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HomeWealthAn Inside Look At The Company Owning Petrocity Petrol Station

An Inside Look At The Company Owning Petrocity Petrol Station

The oil industry in Africa is a million dollar sector controlled by multinationals. However, in recent years we have witnessed a number of local companies joining the highly competitive and lucrative industry and are doing quite well.

In this article, WoK takes an inside look at Petrocity Group – the company that operates the Petrocity petrol stations with operations in East and Central Africa.

Petrocity Group

Petrocity Group is an oil marketing company that specializes mainly in providing cost effective logistics services from Kenya to the larger Eastern Africa and storage, import and Export of all fuel products including petrol, diesel, kerosene, LPG and Bitumen. Petrocity Group also provide bulk storage of LPG and operates cylinder refilling plants. The company which has its headquarters in Mombasa Kenya has grown to become one of the largest oil marketing companies in Africa.

Petrocity Group Investments

In Kenya, the company exists under the brand name Petrocity Enterprises Kenya limited and operates a chain of six petrol stations in Bombolulu, Rongai, Mavoko, Thika and Karen. It has heavily invested in Uganda where it has an oil terminal at Kyengera, Kampala which has a capacity to hold over 12 million liters. It operates a retail network of 75 petrol stations spread across different parts of the country and a LPG storage of up to 70,000 kg. Overal, the company owns tank farms with a capacity of holding up to 72 million liters and 12 loading bays each delivering product at 1200(L) per minute.

Also Read: Rubis Energy Founder: The Billionaire Behind The Leading Oil Company In Kenya

Fossil Supplies Limited

Petrocity Group operates a subsidiary under the name Fossil Supplies Limited which was established in 2003 with the aim of supplying petroleum products to the company’s retail stations in Kenya, Uganda, Rwanda, Burundi, Congo and South Sudan. Fossil Supplies is a member of the Kenya Petroleum Refinery where it is registered as a Crude Oil Processor and has agreements with the Kenya Pipeline Company (KPC) in terms of transport and storage. The company deals with Liquefied Petroleum Gas (LPG) through its product brand ‘PETGAS.’ Which is available in all its filling stations and select retailers across Africa. The ‘PETGAS’ cylinders are red in color and come in packages of 6 Kgs, 13 Kgs and 50 Kgs.

Alfoss Energy Limited

Alfoss Energy Limited (AEL) is another subsidiary established in 2010 with the aim of providing a full range of bunker fuels and marine lubricating oils in the port of Mombasa. Some of the services offered by AEL include delivering marine fuels and lubricants at major bunkering locations, customized bunkering services such as offering floating hospitality to Oil marketers and they also offer oil spillage response for tier one. The company owns a fleet of ships including Sky 2, MT. Aldabra, M.V Alpha Kirawira and Burge Mussa K among many others.

Also Read: Stabex International: One Of The Largest Oil Company In Uganda That Has Been Linked To DP Ruto

Scarce Commodities Limited

Petrocity Group of Companies operates a logistics and transport company under the name ‘Scarce Commodities Limited’ with its head office in Mombasa and branches in Nairobi and Eldoret. The company operates a fleet of 100 petroleum tankers and trailers that are used in the transportation of petroleum products across East Africa.

Embracing Green Energy and Leadership team

The company is keen on using green energy and has invested Ksh100 million in the last 18 months to ensure its corporate head office and all the stations in Mombasa are powered by solar energy. It is currently planning to invest over Ksh 300 million to solarise all the service stations in Kenya in the first phase before moving to all other stations in the region by 2025. Currently, the company has been able to reduce 3 tons of CO2 per month and aims to reduce up to 10 tons by 2025. Petrocity Group of Companies is under the leadership of Aman Kurji who serves as the Managing Director. Other key leaders in the company include Mohamed Noor Yusuf who serves as the Group Internal Auditor and Salim M who is the Operations and Safety Manager.