Supply of hydrocarbons: Addis Ababa chooses Trafigura over Vitol in the search for ADNOC’s replacement

National importer Ethiopian Petroleum Supply Enterprise (EPSE) was forced to re-tender the contract when payment terms became problematic.

23/06/2020 at 15h44, by Rémy Darras

As of 1 July, Ethiopia will have a new hydrocarbon supplier: Trafigura. Having already been selected for the 2018 year, in May, the world’s second largest oil trader won the race against Vitol for the supply contract launched by Ethiopian Petroleum Supply Enterprise (EPSE), Jeune Afrique Business+ has learned.

Recommended articles

Oil & Gas

02/11/2023 at 16h20, by Africa Business+

Distribution of ADNOC products: after Burkina Faso and Côte d’Ivoire, BSC plans to open offices in Mali and Niger

Africa Business+ provides details of the partnership between Emirati oil company ADNOC and Burkinabe...

Oil & Gas

15/07/2022 at 15h03, by Africa Business+

Kinshasa pre-selects majors – SAPREF (Shell/BP) and YASREF (Aramco/Sinopec) – for $55m hydrocarbons contract

Backed by the Budget Ministry, which authorised a restricted call for tenders for the supply of petroleum...

Oil & Gas

27/04/2022 at 15h23, by Africa Business+

Contango Trading pursues legal dispute with South Africa’s Strategic Fuel Fund 

The French commodities trading company, controlled by Natixis bank, is unwilling to turn the page on...

Oil & Gas

10/05/2021 at 16h17, by Africa Business+

Contango Trading to return oil acquired “fraudulently” from the South African Fuel Fund

The commodities trading company has received $104 million from the state-owned entity in charge of managing...

Mines

15/01/2021 at 17h13, by Africa Business+

Angola asks Trafigura to reschedule US$400 million debt payment

For the second time in two years, the Angolan authorities are using the economic crisis as an excuse...

Advisory

24/12/2020 at 16h38, by Africa Business+

Pascal Agboyibor and Bob Bastos advise EGC on the Trafigura deal

The law firm has concluded, alongside the Congolese public company, an agreement governing the artisanal...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com