NEWS - ASIA, MIDDLE EAST & AFRICA UAE’s ENOC to build 10 NEW service stations in 2017 Flagship PTT site revealed in the Philippines PTT has revealed a new state of the art fuel station in the Philippines which features firstclass amenities. The flagship store is part of PTT’s Restroom 20 concept, already adopted by PTT Thailand. The store includes a lounge facility where customers can relax, especially if they are travelling long journeys. PTT Philippines president and chief executive Sukanya Seriyothin formally opened the 5,000-square-meter PTT platinum station in Lucena that combines the fuel station with other commercial establishments including a convenience store and restaurants. “Our expansion program covers not only the opening of more fuel service stations with ancillary services as a one stop common service area,” Seriyothin said. The station also houses the coffee shop Cafe Amazon, patterned after Cafe Jungle of Thailand. PTT Lucena is part of the oil company’s medium term expansion program, involving the construction of at least 15 new stations per year. PTT currently has 74 stations in Luzon and Visayas. The company is also set to open the two-hectare PTT station along the Subic-Clark-Tarlax Expressway. Hashi Energy to sell its retail business to Tanzanian firm Kenyan oil marketing company Hashi Energy is in the process of selling all its petrol stations to Tanzania’s Lake Oil Ltd. Hashi Energy, which is among the largest oil firms in the country with interests across different segments of the industry, has got approval from the Competition Authority of Kenya (CAK) to sell its retail business to Lake Oil. The move is expected to increase Lake Oil’s presence in Kenya’s petroleum industry, where it is only active in the cooking gas segment and is yet to break even. “It is notified for general information that the Competition Authority of Kenya has authorised the proposed acquisition of the retail petroleum business of Hashi Energy Limited by Lake Oil Limited,” the regulator said in a notice. The value of the impending transaction was not disclosed. Lake Group has operations in the region including Zambia, Rwanda and Burundi and deals in petroleum distribution as well as cement manufacturing. The transaction will see Lake Oil inherit Hashi’s market share in local volume sales which stood at 3.7 per cent in the nine months ended September 2016. Lake Oil, owned by Tanzanian billionaire Ally Edha, will only buy Hashi’s downstream business. Hashi will continue managing its logistics, mining and lubricant, and distribution of fuel products. Japan’s Cosmo energy and Kygnus Sekiyu to join hands Japan’s Cosmo Energy Holdings is set to sign a capital and business alliance agreement with gas station operator Kygnus Sekiyu. The alliance is a reaction to falling domestic demand for petroleum products and is meant to expand each partner’s supply chain and boost sales. Through the deal, Cosmo will end up with about a 20% stake in Kygnus. Cosmo will supply gasoline and other petroleum products to Kygnus’ 500 or so gas stations across the nation. Sales at Kygnus came to about 431.5 billion yen ($3.79 billion) for the fiscal year through last March. Kygnus has procured gasoline and other products from TonenGeneral Sekiyu, but the company is now switching supplier in the wake of a merger between Tonen- General and JX Holdings. Cosmo has three refineries and operates about 3,000 gas stations across the country. PTT to add 600 street food stores at thai fuel stations Thailand’s Commerce Ministry will open at least 600 “Noonid” food shops at PTT petrol stations this year. Noonid, a brand of quality street food at not more than 35 baht a dish, was created a few years ago by the Department of Internal Trade to help people cope with the rising cost of living. The first Noonid branch at a PTT station will be opened in early March and all 600 shops will be ready to serve by September. To qualify for the brand, a street food vendor must meet the ministry’s four criteria – tastiness, quality, cleanliness and value for money. The new channel will provide a choice for both people living near the petrol stations and commuters. Qualified street food vendors will receive support from the Department of Internal Trade and PTT in terms of promotion, decoration and menu development. There are 11,809 Noonid shops at present and 17 Noonid food trucks. The ministry plans to expand to 15,000 shops and at least 35 food trucks this year. It also plans to upgrade the shops by providing training on cooking, decoration and menu designs, as well as introducing a star ranking. The UAE’s Emirates National Oil Company (ENOC) has announced it will build 10 service stations in Dubai this year as part of its 2020 expansion programme. Up to 54 stations across the UAE have been planned for development under the expansion plan, which would boost ENOC’s retail network capacity by 40%. A service station at Warsan was recently launched by ENOC, with a number of locations to follow. The Warsan service station, located on the Dubai Hatta Road, will cater to motorists travelling to and from Abu Dhabi, and Al Ain. Equipped with a high-flow diesel dispenser for heavy vehicles, the station offers eight double-pump dispensers with long hoses to allow refuelling from both sides of the vehicle. Dubai Municipality’s green building rules were incorporated into the designs for the Warsan station. Speaking on the expansion plan, Saif Humaid Al Falasi, group CEO of ENOC, said: “The growing demand for service stations is directly linked to the country’s rapid population growth, which presents an opportunity for us to contribute to expanding the UAE’s infrastructural capabilities. We are committed to aligning our strategy to meet the energy needs of the country.” Australian regulator to review BP Woolworths deal The ACCC has formally notified consideration of BP’s $1.8 billion acquisition of the Woolworths Caltex sites, which will give the company around 37 per cent market share. Coles and Woolworths had around 24 per cent each, followed by Caltex with 18 per cent and BP with 13 per cent. The review was well flagged but is now formally underway. It follows a separate ACCC probe into Caltex’s $95m purchase of 45 petrol stations from Milemaker, launched in November, The BP deal involves plans to roll out up to 200 upgraded convenience stores with Woolworths. It also brings BP into Woolworths’ expanded rewards program. 14 erpecnews is published by McLean Events, Conferences and Media Ltd.
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