Dalbit Petroleum
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| Private | |
| ISIN | 🆔 |
| Industry | Oil, Gas, and Logistics |
| Founded 📆 | March 1, 2002 in Kenya |
| Founder 👔 | Humphrey Kariuki |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Dalbit Petroleum is a privately owned energy company headquartered in Nairobi, Kenya. The company specialises in the distribution of petroleum products, with a focus on the East African region. It is a subsidiary of Janus Continental Group.[1]
History
Dalbit Petroleum was founded in 2002 by Humphrey Kariuki.[2] The company's name "Dalbit" is derived from the Somali language, meaning "wealthy" or "prosperous".
In the early years of the company, Dalbit focused on providing fuel to the mining industry in Kenya. As the company grew, it expanded its operations and began supplying fuel to the aviation, transport and construction industries.[3]
Dalbit is currently one of the largest fuel distributors in East Africa, with a presence in Kenya, Uganda, Tanzania, South Sudan, and the Democratic Republic of Congo.[4] In 2018, President Uhuru Kenyatta awarded Dalbit with the "leading large oil importer" trophy.[5]
In February 2019, the Kenyan Directorate of Criminal Investigations (DCI) raided the offices of another company owned by founder Humphrey Kariuki.[6] This raid resulted in a manhunt for Kariuki, and there were allegations of tax evasion to the sum of $30 million, as well as the smuggling of substandard ethanol products into Kenya.[6]
Operations
The company operates a network of storage facilities and depots in strategic locations across the region, allowing it to efficiently distribute petroleum products to its customers. Its core business is the distribution of petroleum products, including gasoline, diesel, jet fuel, and lubricants.
Dalbit also provides logistics and storage services to its customers, including trucking and pipeline transportation, storage tank leasing, and fuel quality testing.[3][7] The company has implemented various corporate social responsibility initiatives, including supporting education and healthcare programs, and providing disaster relief and community development projects.[8] Since 2013, Dalbit (as main contractor) and BSL infrastructure (as sub-contractor) have built 7 multi-million litre fuel depots in Zambia.[7]
References
- ↑ Kondo, Valentine (2 November 2018). "KRA awards Dalbit Petroleum with leading large oil importer trophy". standardmedia. Retrieved 17 February 2023.
- ↑ "Dalbit Petroleum Limited". www.africa.com. 2022-10-26. Retrieved 2023-02-17.
- ↑ 3.0 3.1 Distribution, Dalbit Petroleum-Fuel Supply &. "About Us". www.dalbitpetroleum.com. Retrieved 2023-02-17.
- ↑ "Kenya Petroleum Industry Report 2021 Featuring Rubis Energy Kenya, Total Kenya, Vivo Energy, OLA Energy and the National Oil Corporation of Kenya". finance.yahoo.com. Retrieved 2023-02-17.
- ↑ Kondo, Valentine. "KRA awards Dalbit Petroleum with leading large oil importer trophy". The Standard. Retrieved 2023-02-17.
- ↑ 6.0 6.1 Nsehe, Mfonobong. "Kenyan Tycoon Humphrey Kariuki Wanted Over Alleged Tax Evasion, Selling Substandard Alcohol". Forbes. Retrieved 2023-02-17.
- ↑ 7.0 7.1 Editor, Mwebantu (2022-08-19). "Dalbit International and BSL Infrastructure hand over 7 million litre fuel depot to Zambian Government". Mwebantu. Retrieved 2023-02-17.
- ↑ Distribution, Dalbit Petroleum-Fuel Supply &. "Social Responsibility". www.dalbitpetroleum.com. Retrieved 2023-02-17.
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