Caltex re-enters Namibian fuel retail market

Niël Terblanché

Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, has announced its re-entry into Namibia’s retail fuel market through a long-term retail trademark licensing agreement with Bachmus Oil and Fuel Supplies (PTY) LTD (Bachmus).

According to Juliana Loh, Chevron’s Senior Corporate Affairs Advisor, the new partnership marks the return of the Caltex brand to the Namibian fuel retail sector.

Loh said that Chevron has appointed Bachmus as the licensee for the Caltex brand, entrusting them with the sale, marketing, and distribution of Caltex fuels across Namibia.

This agreement aims to expand the Caltex-branded service station network throughout the country.

Caltex, a globally recognised premium fuel brand, has a significant presence in Asia, the Middle East, and Africa.

According to Loh, the new partnership will further solidify Chevron’s footprint in Namibia.

In 2022, Chevron re-entered the Namibian oil and gas upstream business by becoming the operator of the PEL 90, an offshore deepwater block in the Orange Basin.

In April 2024, the company acquired an 80 percent operating interest in the offshore block PEL 82 in the Walvis Basin.

Danielle Lincoln, Vice President of Chevron International Products, said the re-entry into the Namibia retail market is a substantial milestone for Chevron.

“Through a network of retail fuels sites nationwide, we plan to build the strength of the Caltex brand in close collaboration with Bachmus. The brand promises quality and reliable energy to motorists in Namibia. We are confident that this partnership will generate new growth opportunities and look forward to a long and successful relationship,” Lincoln said.

Corne van Schalkwyk, the Managing Director of Bachmus Oil and Fuel Supplies (PTY) LTD, in Namibia, expressed his enthusiasm about the new partnership.

“We are honoured to partner with Chevron as they return to Namibia’s retail market with its Caltex brand. Bachmus has the expertise and the infrastructure to support the growth of Caltex-branded fuel stations in Namibia. We believe the synergies between Bachmus and Chevron will bring great value for the consumers in the form of quality products and services. We look forward to collaborating closely with them to provide energy solutions to the Namibian market,” he added.

Chevron is one of the world’s leading integrated energy companies, known for producing crude oil and natural gas, manufacturing transportation fuels, lubricants, petrochemicals, and additives, and developing technologies that enhance business and industry standards.

Chevron is committed to lowering the carbon intensity of its operations and expanding into lower carbon businesses, including renewable fuels, carbon capture and offsets, hydrogen, and other emerging technologies.

Established in 1994, Bachmus Oil & Fuel Supplies specialises in the supply of various lubricants, oils, and hydraulics for multiple applications across several industries, including industrial, mining, marine, agriculture, automotive, manufacturing, energy, and construction.

Bachmus also excels at storing, tracking, dispensing, and monitoring fuels and oils.

Bachmus has 30 years of experience and is known for its expertise in supplying heavy fuels and diesel in Namibia’s ports and offshore, with additional suppliers in other countries.

Van Schalkwyk added that Namibian consumers can expect the strategic partnership to improve fuel availability and service quality, offering them dependable energy solutions under the trusted Caltex brand.

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