Vivo Energy to construct 4 marine fuel tanks in Port Louis

As Vivo Energy (Mauritius) Ltd readies to acquire the majority shares in Engen, its direct competitor in both Mauritius and the African continent, it has announced its intention to triple its fuel storage capacity from 5,346 cubic metres to 18,021 cubic metres through the construction of four marine fuel tanks at Fort William Depot in the port area.

The shares to be acquired – 74% in Engen – currently belong to Malaysia’s Petronas. Engen currently operates 1,300 service stations across seven countries in sub-Saharan Africa and 35 in Mauritius.

The combined group will have over 3,900 service stations and more than two billion litres of storage capacity across 27 African countries. In Mauritius, the consolidated group with have 86 service stations.

Engen’s 120,000 barrels a day (b/d) Wentworth refinery, which has been an important source of product for the bunker market, is being converted into a storage and terminalling facility.

The proposed facility is expected to increase the storage of petroleum products and contribute to the authorities’ goal of developing the island into a petroleum hub. About 150 jobs are expected to be created through this project.

Ekium Amio Ltd has been commissioned to prepare an EIA Report on the project.

Sources: Vivo Energy, Defi Media