/ 11 January 1999

ENGEN MOVES INTO GHANA

ENGEN Petroleum will establish a petrol retail network and lubricants supply facility in Ghana. Making the announcement in Cape Town on Monday, Engen’s CEO Rob Angel said the company felt confident about moving into Ghana as they already operate in 21 African countries. They will be in partnership with a local Ghanaian company and have opened an office in Accra. Angel says Engen’s aim is to get 15% to 20% market share in Ghana.