Total (T) launches $20m oil blending plant

11Feb 2019
Henry Mwangonde
Dar es Salaam
The Guardian
Total (T) launches $20m oil blending plant

TOTAL (T) Ltd has launched an Oil Blending Plant (LOBP) worth 46.2bn/- (US$20 million) which will see more than 15,000 metric tons of lubricants, greases and coolants blended locally for the domestic and export markets to nearby regions.

Investment in the blending plant will allow the company to reinforce its growth and expansion strategy to contribute to Tanzania’s industrial development, Managing Director Tarik Moufaddal declared in its launching late last week. He said for close to 50 years the multinational company distributed and marketed lubricants that were imported from other affiliates of the group or locally blended. The blending plant shall also boost employment opportunities for Tanzanians. He said since 2017 when Total announced the take-over of Gapco, with more than 60 service stations and one of the largest depots in the country, the company has implemented a strategic upgrade of its general trade sites, rebranding and integrating Gapco sites in synergy with Total standards and depot facility upgrade. "We are here to share with you another investment milestone for Total in Tanzania as we announce the official launch of this plant which marks a total global investment of more than US$180million in Tanzania over the last two years,” he said. Total has major blending plants in Kenya and Zambia but despite this fact it has undertaken the new blending plant upgrade, as a sign of trust in the country’s economy and its future, he remarked. The Minister for Trade and Industries Joseph Kakunda who officiated the event commended the company for its commitment towards industrialisation in Tanzania. The minister said the government was ready to support Total (T) in its endeavours and promised continued support for its industrial undertakings. In 2015 alone, the government imported 1.9 million tonnes of oil products including lubricants. “Lubricants are important industries, therefore what Total is doing today is a complement to what the government is working on,” the minister underlined.

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