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Engen expands into Mauritius

Port Louis - South African petroleum company Engen is looking to expand in Mauritius after it concluded an agreement to buy Chevron's business on the Indian Ocean island, it said on Wednesday.

Chevron's Mauritius operations include a network of 28 retail service stations, aviation fuelling facilities and lubricant sales.

Jan Theys, chairperson of Engen's board, said there was scope for more petrol stations along new roads being built on the island.

"We are going to look at opportunities to expand our network on the island. There is quite a lot of road development going on and we believe there is room for further expansion," Theys said.

Engen's purchase of Chevron's interest will hand it a 22% market share. It aims to raise that to 30%.

Majority owned by Malaysia's national oil company Petronas, Engen is on an expansion drive in Africa. It said late last year it had its sights on Ghana, Kenya and Uganda after acquiring Chevron's downstream operations in some African countries.

The company said it also planned to launch convenience stores with its petrol stations.

"We are very strong on convenience marketing. We are going to focus on that and anything new that we can bring," said Engen's Mauritius managing director Joan Njoroge.

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