Tuesday, July 16, 2024

Sudan Tribune

Plural news and views on Sudan

Petronas Opens First Service Station In Sudan

KUALA LUMPUR, Aug 29 (Bernama) — Petronas has opened its first service station in Sudan and this marked its entry into the retail marketing business in the country following its acquisition of the entire retail assets of Mobil Oil Sudan Ltd earlier this year.

Located on Street 19 in Amarat at the Sudanese capital of Khartoum, the existing service station has been renovated and re-imaged to reflect the Petronas brand and identity. It carries the same look as Petronas service stations in Malaysia, the national oil corporation said in a statement Friday.

Petronas Marketing Sudan Limited, a newly incorporated Petronas subsidiary in charge of the retail business in Sudan, is currently re-imaging the rest of 41 stations previously belonging to Mobil Oil Sudan as well as three main bulk terminals in Gaily, Shagara and Port Sudan and 14 other depots located in Sudan’s upcountry areas.

The opening ceremony was held Thursday in conjunction with the fourth anniversary celebrations of Sudan’s Petroleum Day in Khartoum. It was officiated by Sudan’s Minister of Energy and Mining Dr Awad Ahmed El-Jaz.

Also present was Petronas President and Chief Executive Officer Tan Sri Dato Sri Mohd Hassan Marican.

Petronas currently markets motor gasoline, gas oil, fuel oil, Jet A-1, and lubricants in Sudan.

It also owns an aviation depot in Port Sudan and has hospitality arrangements for aviation facilities at Khartoum International Airport.

At a separate ceremony yesterday, Petronas was awarded Sudan’s exploration Block 8 with the signing of the Exploration and Production Sharing Agreement for the block.

The onshore Block 8 covers an area of 65,856 sq km within the Blue Nile Basin, northeast of Sudan’s highly prolific Melut Basin.

Petronas Carigali Overseas has a 77 percent interest in the block while the remaining equity is shared between Sudan’s national oil company Sudapet (15 per cent) and High Tech Group (8 per cent), a Sudanese company.

Petronas Carigali Overseas and Sudapet will jointly operate the block.

Petronas is already active in the upstream sector of the Sudan’s oil industry. Apart from Block 8, it already has interests in Blocks 1, 2 and 4; Blocks 3 and 7; Block 5A and Block 5B.

Leave a Reply

Your email address will not be published. Required fields are marked *