Nock plans 100 gas stations in turnaround plans

The National Oil Corporation of Kenya (Nock) plans to open about 100 new service stations in the next two years as part of its recovery.

The oil trader also plans to choose a company "in the coming months" to join in the implementation of ground drilling, seeking to intensify the search for oil and gas in its blocks.

Ken Mugambi's plan to expand its regional reach by establishing a series of gas stations would double its market share to around 10 percent in the next three years.

"We expect to increase the number of service stations under our flagship brand from 189 to 300 in the next two years.

" This makes the company unique in many ways because private outlets are primarily present in places that they find profitable, "Mugambi said at the launch of Kenyatta University's National Petroleum Service Station on Friday, in 1981, is involved in the marketing of petroleum products and development. related infrastructure as well as oil and gas exploration.

The company began operations in 1984 with a strategic mandate to stabilize prices and stop all

The company was however at lags behind its competitors in the supply of lubricants – a factor it attributes to the absence of its own blending workshop, compelling it to rely on competitors ents for the service.