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Ethanol blended Gasoline – Its Benefits in the context of National and Global Energy need.

In a bid to overcome current and future Global Energy challenges, the world community has been taking various researches -initiatives in developing new and alternative sources of energy. Energy availability, Energy access and Energy efficiency are the most challenging but achievable objectives ; for which various targets are set forth under umbrella of the Millennium Develop goals that all countries need to achieve "...To ensure sustainable development through global partnerships"

When looking at all countries on the planet earth, No under developed country is suffering in the world as Sub-Saharan Africans are from energy access. Influx of foreign money by way of charity alone will never move away this problem an inch unless coupled with National Energy policy integrated in to long and short term strategic plan and mobilize own resources.

In this regard, Ethiopia is moving faster than many others in the rank as it not only embarked on building massive new renewable energy projects but also taking steps forward in substituting the none renewable fossil fuels by renewable; such as blending of Ethanol with gasoline launched in the year 2009 with ME-5 (5% ethanol blended in gasoline at Nile Sululta depot serving all the industry) for motor vehicles consumption in Addis Ababa City as pilot project. Results of this initiative reviewed after two successive years in operations was found encouraging and therefore, Government invited interested investors to build more blending facilities to increase capacity and blend ration to the permissible limits.

Libya oil Holding sighted this as great opportunity to grasp and demonstrate commitment to its policy objective that calls upon all its affiliates to align with local requirements in all countries where they operate. In consultation with the Ministry of Water & Energy, Libya oil Ethiopia Limited procured, installed and commissioned state of the art inline ethanol blending facility, in its Akaki fuel Terminal.

When inaugurated in Feb 2011 in the presence of high Government officials and other stake holder, the ceremony was given headline coverage on the local media that officially publicized doubling the blend ration from 5% to 10% ethanol-in-gasoline. This was one of the great achievements for a newly emerging branded company in petroleum downstream operation in Ethiopian market just after taking over the share of Shell petroleum, in the year 2009.

What are the benefits realized from blending this Ethanol blending:

Increasing the blending facility improved operational efficiency by reducing vehicle queue in at one location in Sululta

Saving of over USD 30million per year in foreign currency that would have been spent in purchase of Gasoline at national scale.

Availing blended fuel to the market at lower price as compared to pure gasoline

Reduced Environmental impact; Ethanol is environmentally non pollutant, enhances combustion and reduce emission of toxic gasses in tail pipes as opposed to gasoline.

Creation of job opportunity to the local community as Ethanol is produced locally

Community awareness on economic and sustainable use of natural resources

Network spread

Our retail network comprises of over 180 OiLibya branded service stations located around the country in major cities and towns including: Addis Ababa,Diredawa, Hawassa, Adama, Jimma, Bahirdar, Mekelle, Gondar, Harar, Semera, Desse, Kombolcha , Shashemene, Wolaita, Nekemte, Ambo, and many others.

This number is growing as the Company invests in more service stations in major cities, towns and market centers countrywide. This is in a bid to ensure that our customers enjoy the full range of our products and services in every part of the country.

Our business covers the sale and marketing of a range of quality lubricants, fuel to retail and commercial customers, bitumen, chemicals and special products. LOEL also provides services such as, car wash; lube bay and chemist outlets at select retail outlets.

We are also planning to provide a comprehensive offering that includes quality food brands and convenience retailing stores.

People

The retail business boasts of an experienced sales and marketing team equipped and highly trained to meet and exceed dynamic customer expectations and energy needs.

Our chain of service stations is run by dedicated and competent dealers, supported by qualified and well trained personnel that are always enthusiastic to provide our customers with high quality service that leaves a lasting impression.