Namcor launches lubricants product line

The Nambian Petroleum Corporation (Namcor) will launch a lubricants product line, in conjunction with South Africa’s Sasol, according to Patty Olivier, downstream manager. Olivier said the new lubricant business will complement the company’s existing fuel business, and will form an integral part of the company’s overall downstream strategy. Namcor lubricants are being targeted at the mining, construction, agriculture, commercial road transport, manufacturing, marine and fishing sectors. Namcor-branded lubricants will be available from Namcor depots in Windhoek, Otjiwarongo, Keetmanshoop and Mariental. The company is in the process of appointing agents in Ondangwa, Katima Mulilo and Luderitz. It will also launch an automotive lubricant distribution business and construct bulk fuel depots countrywide. Olivier said Namcor plans to construct bulk fuel depots, for both commercial and strategic fuel supplies, to strengthen its presence in the Namibian downstream sector. Currently, Namcor’s involvement in the downstream involves importing petroleum products into Namibia and the supply of such products to oil marketing and distribution companies. (July 30, 2011)