Sinopia News Top

Dalol Oil, Ethiopia Launches its Sixth Fuel Station

Dalol Oil Share Company, Ethiopia has formally announced the official launch of its sixth fuel station in Suluta.

The new station is located on 3500m2 in a joint investment with a local investor at a cost of 4 million birr.  

The opening of the 6th fuel service station as well as a depot marks the official launch of the company said Esayas Eyesuswork, Chief Executive of Dalol Oil. The new service station expects to provide all kinds of fuel, lubricants, shops washing facilities and cafes.

The company expects to launch two other service stations in Semera and Wolencheti cities.

Dalol is also building a fuel station which is able to accommodate trucks in the capital of Eastern Afar Regional State, Semera at an estimated cost of 5.5 million birr.

Dalol was formed in October 2009 by seven shareholders.  The company currently has more than 1250 shareholders and more than 65 million birr capital.

Source: Capital