Petrocity Oil: Meet Owners of Petroleum Company Operating in Kenya, Uganda
- Petrocity Oil is Kenya's 10th largest oil marketing company, with a market share of 1.9%, according to the Energy and Petroleum Regulatory Authority (EPRA)
- The company has its headquarters in Mombasa, with its terminals in Kenya and Uganda having a combined storage capacity of 84 million litres
- The company's shareholders include Harish Asodia, Phenny Mwesigwa, Rishman Amanji and Aman Jeferali Kurji
Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with TUKO. Enroll Now!
Japhet Ruto, a journalist at TUKO.co.ke, brings more than eight years of experience in finance, business, and technology, offering deep insights on economic trends in Kenya and globally.
As of December 2024, 144 oil marketing companies were registered in Kenya, according to the Energy and Petroleum Regulatory Authority (EPRA).
Source: UGC
The leading oil marketing company in Kenya is Vivo Energy Kenya, which holds the Shell brand, with a 21.34% market share.
Rubis Energy Kenya is ranked second (15.96%), while TotalEnergies Marketing Kenya PLC is ranked third, with a market share of 14.53%.
Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner ;)
What is Petrocity's market share?
According to EPRA's report, Petrocity Oil is ranked 10th, with a market share of 1.9%.
The regulator's Bi-Annual Energy & Petroleum Statistics Report for the financial year 2024/2025 revealed that the petroleum company sold 54,455 m³ of fuel.
What to know about Petrocity Group
According to its website, the company has its headquarters in Mombasa, with its terminals in Kenya and Uganda having a combined storage capacity of 84 million litres.
The limited liability company was incorporated in 2010 and imports and exports petrol, kerosene, diesel and liquefied petroleum gas (LPG).
Its cylinders, branded as PETGAS, come in 6kg, 13kg and 50kg packages.
The oil firm has bulk storage and cylinder refilling plants across the East African region.
Petrocity boasts a fleet of over 100 petroleum tankers for the transportation of bulk petroleum products within Kenya and neighbouring countries.
Petrocity Enterprises Limited's Konza Terminal, strategically located to serve Kenya and the broader East African region, boasts a terminal capacity of 72 million litres.
Source: UGC
It handles 40 million litres of Automotive Gas Oil (AGO), 28 million litres of Premium Motor Spirit (PMS), and 4 million litres of Illuminating Kerosene (IK).
The terminal is equipped with a loading capacity of five million litres per day and features 16 loading bays.
Additionally, it has a receiving capacity of 1,000 m³ per hour, facilitating rapid intake of fuel shipments.
Who owns Petrocity?
The company's shareholders include Harish Asodia, Phenny Mwesigwa, Rishman Amanji and Aman Jeferali Kurji.
This is according to data published by the Uganda National Oil Suppliers.
Aman Jeferali Kurji served as the managing director of Petrocity in Kenya.
Who owns OLA Energy?
In other news, OLA Energy is the fourth-largest petroleum company in Kenya.
The Libyan government, through the Libya Africa Investment Portfolio (LAIP), owns the oil marketing company.
Its website states that it serves more than 250,000 clients per day and indirectly employs 20,000 workers.
OLA operates over 60 petroleum terminals, eight blending plants, and more than 1,200 service stations across Africa, with a presence at 50 airports on the continent.
Abozid Swalem is the executive chairman of the oil marketing company.
Proofreading by Asher Omondi, copy editor at TUKO.co.ke.
Source: TUKO.co.ke
