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Seychelles Petroleum Company Limited

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Overview

About:

Following the closure of the Shell Oil Company on the 15th July 1985, The Seychelles Petroleum Company Limited (SEYPEC) was founded, with one mandatory need in mind ? fulfilling the country?s energy requirements through the supply of fuel. SEYPEC is a government owned parastatal and currently employing just fewer than 200 Seychellois citizens. In a nutshell, SEYPEC?s operations revolve around the supplying fuel to the domestic market, bunkering of vessels, aviation refueling activities and the management of its shipping arm. Located at the New Port in Victoria, SEYPEC?s main fuel depot comprises of 28 storage tanks, with a capacity of 188,000 cubic metres all equipped with computer monitoring and state-of-the art fire-fighting technology. The products imported and stored include two grades of gasoil, two grades of fuel oil, motor gasoline, kerosene, Jet A1, AVGAS 100LL, LPG and various brands of Lubricants. With environmental awareness at mind, SEYPEC have been instrumental in the domestic market providing cleaner, lower sulphur content gasoil since 2007, allowing the application of newer emissions control technologies with a goal of significantly reducing emissions of particulate matter from diesel engines. SEYPEC has in their possession a fleet of six tankers. These comprise of five Handy and Handy max tankers trading internationally ? The Seychelles Pride, Seychelles Pioneer, Seychelles Progress, Seychelles Prelude and Seychelles Patriot. In addition, a smaller product and LPG tanker, Seychelles Paradise, trades regionally and is used for domestic supply.

Sector: Oil & Energy

Website: http://seypec.com

Year Established: