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Home Companies

NAMCOR extends fuel retail outlets to 15

by editor
April 12, 2023
in Companies
7
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The National Petroleum Corporation of Namibia (NAMCOR) has established 15 service stations across the country and embarked on several sites that are scheduled for completion later this year. 

This comes as NAMCOR is targeting to set up 33 operational fuel stations by the end of 2024. In a bid to achieve this goal, NAMCOR recently opened two service stations that will serve the community of Rundu in the Kavango East Region with fuel and lubricant products.  

“Given Rundu’s population of roughly 63,400 residents, the two sites are uniquely positioned to serve the community and provide motorists and travellers with 24-hour convenience stores. Located at the corner of Maria Mwengere Street and Independence Avenue, the Kehemu site will serve residents of Kehemu and Kaisosi as well as lodges around the river,” NAMCOR Spokesperson Utaara Hoveka said.

He said the Paradisa site is on Independence Avenue in the Extension 4 neighbourhood and caters for residents of the Sauyemwa, upcoming suburbs in the vicinity as well as the town’s industrial area, amongst other places.  

“Both sites boast convenience stores, with Paradisa having the additional benefit of a sitting area inside the store.  NAMCOR has been able to apply its strategic retail expansion plan with Rundu being the 14th and 15th addition to its retail service station portfolio,” he said.

Hoveka noted that the company will continue to open service stations around the country to cater to the needs of every Namibian, providing jobs as well as offering consumers a wider variety of choices.  

Similarly, NAMCOR’s Acting Executive for Sales and Marketing Olivia Dunaiski reiterated the public entity’s commitment to the implementation of its fuel retail strategy. 

“NAMCOR endeavours to expand its retail network to strategic places around the country, thereby offering an alternative choice to consumers as well as contributing to the growth of the local economies of our various cities, towns and villages,” she said.

NAMCOR ventured into the Namibian fuel retail sector in August 2019 with the opening of its first branded site at the Hosea Kutako International Airport. 

Namibia, according to data from the Ministry of Mines and Energy, consumes 90 million litres of fuel per month on average – 60 million litres of diesel and 30 million litres of petrol.

The country’s fuel retail sector is currently dominated by the likes of Puma, Shell, Engine and Total.

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