Addax Kenya wins tender to supply fuel to other marketers in January

Posted on November 21, 2011

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Addax Kenya has won the open tenders to supply petrol on behalf of other oil marketing companies in the country for January and February 2012.
The company was awarded the tenders at the Open Tender System (OTS) supervised by the ministry of Energy. The tenders were awarded under the December 2011, by the ministry.
As the lowest bidder, the company will deliver the initial batch of 82,800 metric tonnes by January 20, 2012 and another batch of the same quantity (82, 800MT) by February 2, 2012.
Additionally, the marketing firm, part of the downstream division of the Addax and Oryx group also won tenders to supply 66,400 metric tonnes of diesel for February. It also successfully put in a bid for AJet1 fuel winning the tender to supply 97,000 metric tonnes by January.
A relatively young player in the industry, the company was established in 2004 and has since managed to concentrate on four business areas. These have been mostly in the OTS as well as development of regional fuel sales through export.
More recently it has made strides in the LPG business as it seeks to meet the growing demands especially in the domestic market.

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