The agreement is for the delivery of 500 kilolitres of Jet A1 fuel. It has been running since 9 April 2009 and will end on 10 March 2010. Engen operates at all the DRC's airports (Kinshasa, Kisangani, Goma, Mbandaka and Mbujimayi).
“Winning this is a huge step forward for us on our EPIC 2016 journey to becoming a ‘Champion in Africa',” says Wayne Hartmann, GM of Engen International Business development.
Under EPIC, Engen wants to be the biggest or second-biggest sub-Saharan African petroleum marketer by 2016. Thus far it has amassed 16 affiliates in the region outside its domestic market, South Africa - most of them acquired in the last three years.
Hartmann says besides acquisitions, growth into new markets like aviation is essential if the company is to realise its ambitions. It's reasons for pursuing aviation include South Africa is gearing up to host (and fly) millions of visitors around and into the country at the World Cup next year. For another, Petronas, the Malaysian national oil and gas company that owns 80% of Engen, has recently established an international aviation business.
Hartmann says Petronas and Engen have maintained a mutually beneficial relationship in the 13 years of their association, characterised by leveraging off each others' core expertise and Petronas's respect for Engen's autonomy.
“Engen is committed to the DRC, Africa and aviation,” Hartmann says. “In our quest for sustainable opportunities that benefit both our business and the countries in which we operate, Engen will always be a key economic contributor and a responsible operator.”
