Kenya: National Oil Corp. of Kenya Plans 5% Expansion in Market Share
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Thursday, 14 August 2008 |
National Oil Corp. of Kenya plans to expand market share 5 percent a
year, Managing Director Mwendia Nyaga said in an e-mailed statement.
The company has a market share of almost 8 percent, after its June acquisition of 33 outlets of fuel retailer Somken Ltd., the company said. National has 67 shops after buying 10 British Petroleum Kenya Ltd. outlets in July 2007, the statement said.
Please see PetrolWorld article on Kenya petrol retail market contraction.
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