Horizon Terminals Ltd (HTL), the
wholly-owned subsidiary of Emirates National Oil Company (Enoc) has signed a
10-year Islamic term financing facility of $ 100 million with Standard
Chartered Bank, Emirates NBD and Noor Islamic Bank.
Petroleum (Refining, Gas Processing, Conversion, Transportation and Storage)
Bill, 2012 is now with the Uganda Parliament and will establish the National Oil (NATOIL) and the
Petroleum Authority of Uganda.
Oil Kenya Limited, whose flagship the Oilibya service stations is a well known
Libyan investment in Nairobi. The investment was set up as a direct result of the $5 billion investment fund established
five years ago under LAP Green Networks.
Total Ethiopia, one of the oldest stakeholders in the fuel
industry of Ethiopia, has showcased three types of solar lighting. Total
Ethiopia fuel retail has also introduced environment friendly
fuel tanker technology.