SOCIETE PETROLIERE Ltd (SP) is a limited liability private company incorporated in the Republic of Rwanda for the importation and distribution of petroleum products. The company originated way back in 1967 as Fina Rwanda. In 1985 merged with BP to create BP Fina Rwanda. In 1998 the company was bought by Engen and the latter was sold to Sakirwa Petroleum S.A in 2001. In 2007, Sakirwa Petroleum changed its name to Societe Petroliere SARL (with SP as its Brand) following a change in its shareholding structure.
The company is 100% locally owned. Since 2010, the company is named Société Pétrolière Ltd (SP Ltd) according to the new Company Act adopted by the Government of Rwanda in 2009. It has three affiliates namely SP Aviation Ltd, SP Tanzania Ltd and SP Kenya Ltd. SP Ltd is an equal opportunity employer with a total workforce of about 67 employees including 15 employees of SP Aviation and 5 of SP Kenya Limited and SP Tanzania Limited.
The range of products handled include: - Automotive Gas Oil (AGO or Diesel), Premium Motor Spirit (PMS or Petrol), Dual Purpose Kerosene (DPK), JET A1, Heavy Fuel Oil (HFO) Lubricating Oils and Liquefied Petroleum Gas (LPG). Our monthly fuel volume turnover is currently at 11 million litres. We are the leading local oil company in sales volume both in Retail and Commercial channels and second in terms of retail stations network footprint. We have 42 retail stations spread across Rwanda.
Within Rwanda, the company owns its own LP Gas filling Plant at Gikondo Industrial Area and has the largest gas market share in the country. SP Ltd has plans to upgrade its LPG filling and storage capacity by end of 2017.
The company also has a fully automated fuel terminal worth 22 million USD located in Kabuga area, 20km from Kigali CBD. In June 2016, His Excellency President Paul Kagame inaugurated the fuel terminal. This is the largest terminal in Rwanda with a capacity of 22 million litre. Currently, the terminal is undertaking to increase its capacity by another 10 million litres by mid-2017. The terminal is built on a 12ha land which fulfils the requirement of a standard modern and international fuel terminal. It is installed with intrinsically safe CCTV surveillance system, a comprehensive firefighting facility with a water storage of up to 1.5 million litres. It also has a well-equipped laboratory for product quality assurance. The facility has 7 and 3 truck loading and offloading stations respectively. It also has ample parking space capable of handling over 100 long haul trucks.
The company plans to increase the storage capacity of the terminal to 60 million litres in the next 3 years.
….Inspired to be a market leader
….Inspired to deliver quality petroleum solutions
….Inspired to be accessible
….Inspired to deliver value
….Inspired to attract, retain and reward the best human resources
….Inspired to protect and support the social environment we operate in.
To be the premier partner in providing petroleum solutions for Rwanda and the Great lakes region
To generate decent and sustainable return on investment to our shareholders, offer value to our partners and improve the business environment where we operate through provision of excellent and accessible petroleum solutions and related services
• People - SP Value elements under "People" are "our customers", "our employees", "our shareholders" and "our business partners"
• Growth - SP Value elements under "Growth" are "Profitability", "capacity building", "Innovations" and "Quality solutions"
• Good governance - SP Value elements under "Good Governance" are "Ownership", "Performance & reward culture", "Speed to market" and "collaborations".
• Best practices - SP Value elements under "Best Practices" are "Flawless execution", "Professionalism", "Business process and structures" and "Social responsibility"