FT

Nawaloka Petroleum starts countrywide operations

Thursday, 7 May 2015 00:00 -     - {{hitsCtrl.values.hits}}

Nawaloka Petroleum Ltd., a company set up under the umbrella of Nawaloka Holdings to engage in the business of petroleum and allied products, is the sole importer/distributor of Total Oil India Ltd., a subsidiary of Total, France. The Chairman and Board of Directors of Nawaloka Petroleum comprise Chairman Jayantha Dharmadasa and Harshith Dharmadasa, Anisha Dharmadasa and Ananda Jayasekara, who serve as Directors. Nawaloka Petroleum, which started operations in early 2011 mainly in the Western Province and selected cities in the island, is expanding to other geographies of the country and will launch in the north and east in the second quarter of 2015, thus embracing an islandwide operation. The company contributes in a big way to promote road racing and karting (through DPMC circuit), with a few riders running their machines with Elf motorcycle oils in the international circuits. Total entered Sri Lanka in 2008, being approved by the Government of Sri Lanka when the lubricant market was liberalized, allowing selected Lubricant companies to enter. Since 2008 Total products have won the confidence of its users as being high quality product range available at cost effective pricing. Total offers the Sri Lankan consumers a range of products that exceed the current performance requirements set by OEMs, with long term benefits of longer engine life, fuel economy, and lower maintenance cost. Total is the world’s fourth-largest publicly-traded integrated oil and gas company, with operations in more than 130 countries worldwide, spanning all the aspects of the petroleum industry, including upstream operations (oil and gas exploration, development and production, LNG) and downstream operations (refining, marketing and the trading and shipping of crude oil and petroleum products) shipping. In addition, Total is helping to secure the future of energy through its commitment to developing renewable energies, such as wind, solar and photovoltaic power and alternative fuels. With more than 93,000 employees worldwide, Totals reported sales exceed Euro 185 billion on an average per year. Total products are developed and manufactured in state-of-the-art blending plants around the world and have the capacity to cater to all automotive, industrial, marine and power requirements, irrespective of petrol, diesel and CNG applications. Total is one of the leading lubricants of the world whilst being the fourth largest oil and gas manufacturer in the world. They are leaders in refining and marketing in Europe and are ranked within first 10 groups in the list of Fortune 500 listed companies. With a presence in 130 countries and over 22,000 stations, they number 95,000 employees. Total is one of the proud sponsors of the world’s number one racing team (Red Bull Team), as well as the 15+ Formula 1 and 14+ Motor Cycle World Championships. Major OEMs/vehicle manufactures recommend Total as their factory filled/service filled/warranty claimed lubricant brand. Consumers trust Total as being the most technically advanced lubricant in the world, with the company investing massive amounts for R&D. They market their lubricants under the Total brand name for gasoline, diesel and CNG applications, as well as for the Elf range for motor cycle and three-wheeler segments. Total is the number one choice of factory fitted lubricant suppliers for the leading OEMs and develop lubricants as per their specifications, whilst being marketed as their respective genuine oils through their own channels. Total has a 45-year agreement with Peugeot and a five-year agreement with KIA Motors to use only Total branded lubricants for their machines globally. Total’s users include Renault, Nissan, Citroen, Mazda, Kia, Datsun, Dacia, Peugeot, Great Wall, Scania, etc. Total’s global industry partnerships are with SEA, NYCO, Barilla and Lafarge.

COMMENTS