Mauritius: Engen buys into jet fuel market
Issue 303
- 26 Jun 2015
| 1 minute read
Engen has bought a 15% ownership stake in the Juhi jet fuel storage facility at the Sir Seewoosagur Ramgoolam International Airport near the capital Port Louis. Engen Petroleum Mauritius managing director Joan Njoroge said jet fuel storage facilities were usually run in consortia, to minimise the number of depots and therefore airport security risks. “Co-ownership puts Engen on a competitive footing with other oil companies,” she said. “We have already won several tenders since we began activities in April.”
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