Hussein Boffu runs a consultancy provides business planning, financial forecasts, market research reports, expert analysis and consulting for entrepreneurs and business owners. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
In recent years, Tanzania’s petrol station industry has experienced remarkable growth, propelled by the surge in the number of vehicles on the roads and the rising trend of car ownership. Here are some key facts that shed light on the industry’s rapid expansion: 1. In 2019, the number of petrol stations reached 1596. 2. By […]
Dear service provider and equipment supplier. We’re excited to announce the release of the 2024 Tanzania Oil and Gas Upstream Activities Report by Tanzania Petroleum. This comprehensive report is a valuable resource for both service providers and equipment suppliers in the upstream oil and gas industry. Key Insights: 1. Planned Activities: Get detailed insights into […]
Exploring the untouched waters off Somalia, Coastline Exploration wonders why this area has been left unexplored. Armed with seven licenses, the team aims to balance technical uncertainties against socio-political risks. Cracking the Source Rock Mystery The challenge lies in finding a source of oil beneath the sea floor. Coastal wells near the basin show signs […]
The Horn of Africa, comprising Eritrea, Djibouti, Ethiopia, and Somalia, boasts ancient geological trends revealing Gondwana’s fragmentation. Despite decades of exploration since the 1940s, there’s no oil or gas production. Notably, Eritrea’s offshore basin in the 1950s yielded oil discoveries, with recent drilling in 2005 by Perenco in the Red Sea Basin. Ethiopia’s Hilala and […]
Are you ready for the changes coming to the Tanzanian petrol station scene in 2024? Let’s break down the trends that could make or break your business. 1. High Fuel Demand: One of the most noticeable trends is the surge in fuel demand. Take a glance at the streets; the number of cars on roads […]
In the world of petrol stations, it’s crucial to know what’s happening around you. One key thing to look at is how much fuel your neighbors are selling. Let’s break it down: Step 1: Check Out the Other Guys. Take a look at the petrol stations near you. How much fuel are they selling on […]
In the world of selling fuel, time is valuable. Nowadays, fuel prices can change a lot and be quite unpredictable. If you don’t price your fuel right at your station, it can cause problems. If it’s too expensive, you might lose customers. If it’s too cheap, you might not make enough money. And if […]
Have you ever thought about what it would be like if there were no other businesses to compete with? “Could you make a fortune?” This idea is familiar to many and is likely the favorite daydream of every businessperson. However, this daydream should remain just that because without competition, there would be no challenges to […]
In today’s competitive market, expanding revenue streams is crucial for the sustained success of petrol stations. Here are five strategic moves to enhance profitability: 1. Product Diversification: Consider broadening your product offerings beyond traditional fuels. Introduce lubricants, LPG, and other fuel products to cater to diverse customer needs. 2. Strategic Alliances: Explore joint […]
In a groundbreaking move, TAQA Dalbit recently stole the spotlight by unveiling Tanzania’s inaugural integrated Compressed Natural Gas (CNG) filling station and conversion center, “Master Gas,” situated at Pugu Road-Airport Area in Dar es Salaam. This unveiling marks the initiation of a more extensive plan, with TAQA Dalbit ambitiously planning to deploy 12 CNG stations […]
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