Stabex International launched aviation fueling stations at Jomo Kenyatta International Airport (JKIA).
The ceremony was held on October 2 and presided over by Energy CS Opiyo Wandayi and Kenya Airports Authority (KAA) Chairman Caleb Kositany.
“This evening, Stabex International, a leading petroleum company, launched its aviation fueling trucks. Congratulations,” Kositany said.
Stabex International Limited is an independent oil marketing company, incorporated in 2009, with a significant presence in the East and Central African regions.
Stabex International Limited is a growing oil marketing company in East Africa with over 150 retail stations.
It also deals in bulk petroleum products with over 12 depots supplying both commercial consumers and other fuel stations within landlocked countries such as Uganda.
Stabex specializes in providing energy solutions to industries, corporations, institutions, and communities through the supply of both petroleum products and cooking gas.
The company is ISO certified with ISO 14001:2015 (Environmental management system), ISO 45001:2018 (occupational, health, and safety management system), and ISO 9001:2015 (quality management system)
In Kenya, the leadership structure consists of five directors as follows; Jack Chebett (Chairman), Cherutich Daniel (Managing Director), Abraham Koech Director (Projects & BD), Kiptoo Justus (General Manager), and Kafeero Isaac the Company Secretary.
The company’s core functions are the marketing of petroleum products and the provision of convenience services via its extensive retail network.
The company has over 70 retail service stations and eight depots in Kenya and Uganda and sells over 300 million liters of fuel annually.
At the tail end of 2019, the company had grown its sales volume to over 300 million liters annually.
Also Read: KAA Addresses Fuel Shortage at JKIA
Stabex LPG Brand
In 2020, Stabex rolled out its Liquefied Petroleum Gas (LPG) brand in the two markets to leverage a distribution network of more than 70 retail petrol stations.
It is further deploying a distribution network worth millions of shillings across the two countries to enhance LPG supply efficiency.
The company targeted to grow its LPG market share in the widely untapped regional cooking gas market.
At that time, LPG usage had an untapped market size of about 83% and 89% in Kenya and Uganda, respectively.
This population relied on unclean energy sources such as firewood, charcoal, and paraffin, with LPG remaining unaffordable due to the initial high cost of acquisition.
Also Read: JKIA-Adani: How Multibillion Projects in Neighboring Countries Are Piling Pressure on Kenya
Cashless Payment Partnership
On October 1, the company announced a partnership with Airtel Mobile Commerce Uganda (AMCUL) to boost cashless transactions and enhance digital financial inclusion among Ugandans.
This collaboration will allow Airtel Money customers to conveniently pay for fuel and access other services at any Stabex fuel station in Uganda using Airtel Money.
JKIA Fuel Crisis
The launch at JKIA comes after a fuel shortage was reported at the airport.
KAA said the fuel supply disruption impacted airport operations, but the issue has been resolved and normal operations have resumed
“KAA wishes to inform the public that there was an A1 fuel supply disruption this morning that affected operations at Jomo Kenyatta International Airport (JKIA). The issue has been rectified, and normal airport operations have now resumed,” KAA said.
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