|
|
 |
|
Viewing report
|
|
|
|
Indian Oil Companies in Africa New Growth Vista
GlobalData , May 2008, Pages: 24
Indian Oil Companies in Africa New Growth Vista
Summary
Essar oil Limited (EOL), a privately owned, vertically integrated oil company, is set to acquire the stakes of BP Plc (17%), Royal Dutch Shell plc (17%) and Chevron Corporation (16%) in the Mombassa Refinery of KPRL. It is the sole refinery in Kenya with a capacity of 4.68 MMTPA, of which the government of Kenya holds a 50% stake. As this simple refinery is failing to meet the increasing demand for petroleum products in Kenya, the top priority for EOL after the acquisition would be to modernize the refinery and increase its capacity. With this acquisition, EOL will gain a foothold in the midstream sector outside India. The company already has an international upstream presence with stakes in three exploration blocks in Madagascar, two in Myanmar and one in Nigeria. A refinery in Kenya will help EOL to grow in east African countries like Tanzania, Uganda and Sudan. The next major step of EOL in Africa might be petroleum retailing.
Scope
- GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and Our views of various developments that have been taking place in the oil and gas industry across the world.
Reasons to Buy
- Develop business strategies with the help of specific insights from GlobalData on the key events happening in the oil and gas industry.
- Gain a strong understanding of the energy market and analyze the major trends in the global oil and gas industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the oil and gas industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events
Customers who bought this item also bought
Business Process Outsourcing - Global Strategic Business Report
Monitors (Computer) - A Global Market Perspective
E-Learning - Global Strategic Business Report
Personal Computers (IT) - Global Outlook
Smart Cards - Global Strategic Business Report
Biometrics - Global Strategic Business Report
Monitors (Computer) - Global Strategic Business Report
Information Security Products and Services - Global Strategic Business Report
Human Resource Outsourcing - Global Strategic Business Report
Airport Security Equipment - Global Strategic Business Report
Personal Computers and Notebooks - Global Strategic Business Report
Book Publishing - Global Strategic Business Report
|
|
|
|
