Oilibya

OiLibya, is the brand name used by the affiliates owned by Libya Oil Holdings and previously known as Tamoil Africa. Oilibya has over 3000 branches in 17 countries across Africa, including Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso, Niger, Chad, Eritrea, Uganda, Nigeria, Mauritius, Réunion, Morocco, Tunisia, Ethiopia,and Sudan.[1]

OiLibya
IndustryOil and Gas
PredecessorTamoil Africa
SuccessorOLA Energy
Founded2000
Headquarters
Mauritius
Area served
Africa
ParentLibyan African Portfolio
Websitewww.oilibya.com
An OiLibya gas station in Ethiopia

Services and products

Expansion & oil exploration

In 2008, OiLibya entered the Ethiopian market acquiring 100% of Shell's Ethiopia and Djibouti petroleum retail business.[11] The amount of money spent by Oilibya to close the deal was unreavealed.[12] Oilibya has bought many other retail petroleum dealers in Africa, including taking over ExxonMobil's business in Kenya.[13]

Bahru said at the time the sale was consistent with Shell's global strategy to focus on oil exploration and get out of retail business.[14]

As well as operating retail outlets in Africa OiLibya, previously called Tamoil Africa, proposed plans to build two pipelines on the continent, one between Kenya and Uganda and another to supply five countries with oil products from a Ugandan refinery.

Subsidiaries and affiliates of OiLibya

OiLibya has 18 subsidiaries[15]

Main consolidated subsidiaries

2011 Libyan civil war

In February 2011, some African countries began to express concerns as to how the 2011 Libyan civil war might affect OiLibya and its outlets across the region. Of particular concern were the huge debts racked up by Libya's key enterprises.[16][17]

See also
  • Libya Oil Holdings [18]

References
  1. "Re-branding of fuel stations: from OiLibya to OLA Energy". www.petrolplaza.com. Retrieved 2020-05-28.
  2. "OiLibya Services : Fuels". OiLibya.
  3. "OiLibya Services : Lubricants". OiLibya.
  4. "OiLibya Services : LPG". OiLibya.
  5. "OiLibya Services : Industrial and Wholesale". OiLibya.
  6. "OiLibya Services : Supply & Trading". OiLibya.
  7. "OiLibya Services : Retail". OiLibya.
  8. "OiLibya Services : Fuels". OiLibya.
  9. "OiLibya Services : Marine". OiLibya.
  10. "OiLibya Services : Lubricants". OiLibya.
  11. "OiLibya buys Shell's Ethiopia, Djibouti operations". Reuters. 2008-07-15. Retrieved 2020-05-28.
  12. Editorial, Reuters. "OiLibya buys Shell's Ethiopia, Djibouti operations". U.K. Retrieved 2017-08-26.
  13. "OiLibya buys Shell's Ethiopia, Djibouti operations". Reuters. 2008-07-15. Retrieved 2020-05-28.
  14. Reuters-OiLibya buys Shell's Ethiopia, Djibouti operations, retrieved July 15, 2008.
  15. http://www.oilibya.com/en/contact-us?lang=en
  16. The East African/All Africa Global Media-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes Archived 2011-07-17 at the Wayback Machine, retrieved February 28, 2011.
  17. The East African-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes, retrieved February 28, 2011.
  18. "Libya stake in Circle Oil frozen as EU turns screw on Gaddafi - Independent.ie". Independent.ie. Retrieved 2017-08-23.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.