Kenol Kobil takes lead in Petroleum Industry with 16.7% Overall Market Share

In the latest industry statistics released by Petroleum Institute of East Afrca (PIEA) for the period January to March 2017 (Q2), Nairobi Securities Exchange listed company Kenol Kobil topped the industry’s overall market share (including exports) at 16.7%.

Vivo Energy followed second on Overall market share at 14%. Vivo energy is 40% owned by Helios Investment Partners, 40% owned by Vitol Group and Royal Dutch Shell PLC (Shell) owns the remaining 20%.

Listed company Total Kenya (Subsidiary of France’s Total Outre-Mer 92.26%) took third spot in Overall market share at 13.6%.

In the Lubricants Market, Vivo Energy was the leader with a 45.1% market share. Total Kenya followed with a 32.7% market share with Libya Oil coming third at 11.0%.

In the LPG (Liquefied Petroleum Gas) market, Lake Gas led with a 23.1% market share with Total coming second with a 19.7% market share with Kenol Kobil coming third at 14.1%.

In the Civil Aviation Sector the overall leaders in sales were Kenol Kobil, Gulf Energy and Bakri with a 44.1%, 20.5% and 17.6% market share respectively.

Sales in the Retail Outlet sector saw Vivo Energy leading with a 26% market share with Total and Kenol Kobil following with a 23% and 13.2% market share respectively.

In the Resellers Market Total, One Petroleum and Gulf were the leading companies with an 11.4%, 8.9% and 8.7% market share respectively.

The largest consumers in the Kenyan Oil industry came from Retails Outlets (42%), Resellers Market (23.9%) and Civil Aviation Industry (11.80)