The fuels market in the Uk will earn two new operators. Shell and Total will return to the country after several years of absence to compete in the market that is dominated by the big three: Galp, Repsol and BP.
The return from the oil companies was announced by the licensor Entity to the National Fuel Market (TNGC) this Wednesday, November 23.
The oil anglo-Dutch Shell, which starts with their operation until the end of the year. The company will operate in Portugal, represented by its DISA, which operates service stations in the Iberian Peninsula.
The trademark of the shell came out of the Portuguese market in 2004 when it sold its network of 303 stations of water supply to the Spanish Repsol. In addition to the stations, the Shell also sold its 15% stake in Companhia Logística de Combustíveis (CLC), which operates the pipeline between the Sines refinery and the park of fuels of Aveiras. Outside of this business were the lubricant and the gas cylinder, or liquefied petroleum gas (LPG).
as for the return of the French Total to the Portuguese market will take place in January 2017. The oil the French was absent from Portugal since 2008, the year in which it sold its 141 fuel stations to the Spanish Cepsa, which has passed the count with a total of 302 pumps.
THE TNGC, led by Paulo Carmona, stresses that “these investments are a positive, since it will meet a desired increase of competition in the fuel sector in clear favor of the Portuguese consumers”.
The return of these companies that happens due to the entry into operation of the port of Trafaria, which will be the “first port of supply of fuels in deep waters not controlled by a single refiner of the national oil company of the Portuguese Galp.
This port, warehouses, and pipelines, were granted by the Portuguese Navy at TNGC for a period of 25 years and will involve an investment of 15 million euros and that have been authorized recently by the secretary of State of the Treasury, Ricardo Mourinho Félix, and Defence, Marcos Perestrello.
The entry of new investors in the market of fuels is “above all a vote of confidence in the Government and in their desire for the opening of the logistics market, such as the separation sheet of the fuel transport registered in its program, and that the TNGC has applied and supervised, as a matter of fact is recognized by the market”.
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