LIBYA OIL ETHIOPIA LIMITED - Debre Zeit, Ethiopia

Libya Oil Ethiopia Limited; which has been in existence since 2008 having taken over Shell's business, is a subsidiary of Libya oil Holding Limited, a company established to undertake investments in Africa. Libya Oil Holdings Limited, the Group, operates as an oil exploration and production company. The group is one of the fastest growing energy companies engaged in providing energy solutions to a number of its customers and partners around the world. OiLibya, is the brand name used by the affiliates owned by Libya Oil Holdings and previously known as Tamoil Africa. The company is currently operating in 22 countries across Africa in the North, West & Central and Eastern Africa in all downstream segments and is continuing its advance to the southern Africa region (Libya, Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso, Niger, Chad, Eritrea, Uganda, Nigeria, Mauritius, Ile de Réunion, Morocco, Tunisia, Ethiopia and Sudan). In Europe also, it is functioning under the Tamoil brand. The brand has already helped us to gain significant market awareness across Africa and beyond. The speed with which we have managed to achieve this recognition reflects our drive and the single minded pursuit of our goals. We believe that the simple, elegant look of our brand reflects our focus on attaining the objectives that we set. It is working to fulfill its vision of “becoming Africa's leading and most respected partner in shaping African Energy and empowering African born prosperity” by pursuing excellence, fostering innovation, encouraging collaboration and nurturing leadership. In line with this vision, it is running over 1000 Retail stations, 63 owned and JV Fuels Terminals of which 54 are Aviation Terminals in 16 countries. It has also owned and operating 8 Lubricants Blending and Filling Plants (LBFP) and is intending to continue expanding further. As part of its expansion plan, Libya Oil Ethiopia Limited constructed Ethanol Blending plant in its depot. The newly constructed facility has an ethanol storage capacity of 200,000 liters and this combined with the existing storage capacity for Mogas regular or Benzene enabled the company to mix 120,000 liters of blended fuel in just an hour. Libya Oil Ethiopia Limited also constructed the biggest Jet A-1 tank with 1.5 million liters storage capacity at its bole Aviation Depot. The company has also further expansion plan in selected areas towards achieving its vision of becoming the customer’s first choice.