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Fuel Distribution: Fierce Competition

This follows the decision by government in 2000 to liberalise the sector. Nationals now control 52 p
Total 183 STCG 1 Corley Cam. 124 Socaepe 11 Sahel Petro. 2 PPSM 9 Planet Petro. 4 Petrolex 12 OPOC Petro. 1 Neptune Oil 15 Net Oil Petro. 1 IBSC 3 Libya Oil Cam. 60 48% Nationals Multinationals number are involved in the distribution of domestic gas. Delta Petro. 7 Goshem Oil 5 GPE 1 Green Oil 18 GulPn 10 Nationals making staggering in-roots into fuel distribution (December 2016). increased from 800,000 to 2.3 million. Meantime, storage ca- pacity for fuel has risen from 2,321 tons in 2000 to 4,219 tons today. Nationals that have stamped their footprint in the fuel distri- bution business include Bocom with 56 pumping stations and absent only in the Far North. Camoco operates 43 stations in seven regions while Confex-Oil spreads 24 fuel stations in eight regions. At the bottom of the ranking, seven companies with just one filling station including Aza Inc, Bota Oil, GPE, and STCG among others. Of the 55 fuel distribution companies in the country, only multinationals like Total, MRS and Oilibya are present in all the regions. Going by statistics from the Ministry of Water Resources and En- ergy, the greatest numbers of filling stations (117) are in the Centre Region while the Before the year 2000, the petroleum sector in Cameroon was entirely a prero- gative of multinationals. Total, Mobil, Shell and Texaco are some of the names of retail stations that were conspicuous. Some were bought over by others and new names like Oilibya, Corlay MRS emerged erasing Shell, Mobil and Texa- co. With the liberalisation of the sector in 2000, nationals joined the sector with First oil being the first indigenous distri- butor to be created. Today, a myriad of distributors have cropped up including Tradex which has even gone internatio- nal with filling stations in some CEMAC countries. According to the Minister 742 filling stations spread across the country 4,219 is the storage capacity of fuel today. Littoral and the West regions have 175 and 101 respectively. Recurrences The downstream oil sector in 2000, the year of complete liberalisation was virtually in the hands of three companies in Cameroon; the National Refining Company (SONARA), the Oil Price Stabilisation Fund (CSPH) and the Cameroon Oil Storage Company (SCDP). All of these were and are still, basically State owned corporations but the whole gamut of retailing bu- siness to consumers was in the hands of multinational companies who ensured the distribution of petroleum pro- ducts through filling stations scattered across the country. The French group, Total was among the best distributors. The company shared the mar- ket with America’s Mobil and Texaco as well as Anglo-Dutch Company, Shell. Texaco and Shell were la...

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  • avatar
    jake
    02-05-1974

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    28-07-1975

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