A $2 MILLION investment by Total Fiji is expected to boost the company’s lubricants supply in the country.
The company opened its new warehouse located in Raiwai, Suva yesterday.
Total Fiji managing director Martin McCarthy said the new development aimed to make customers more at ease with sufficient product availability and enable Total to expand its lubricants business in the country.
“Today we solidified the foundation for our robust business growth in Fiji, focusing on premium products and customer satisfaction,” he said.
“The opening of the warehouse not only represents milestone for Total’s growth in Fiji’s lubricants market, but also across the Pacific region.
“The warehouse will serve as one of our largest lubricants storage area in the region,” he said.
Mr McCarthy said they needed to take down the warehouse in Walu Bay to make way for the 4000tonne tank they were constructing there.
He said fuel demand in Fiji was increasing because more new cars were brought in the country.
The influx of new hybrid vehicles being brought in the country had resulted in a large increase in gasoline sales for Total Fiji.
“So the demand is growing slightly more in this nine to 12 months compared with a few months before. And we understand that the government will gazette the new fuel standards this year, so it’s quite probable that there will be an increase in gasoline sales.”
The company also has future expansion plans and Mr McCarthy said they would be building new stations, continuing the developments and open the station in Savusavu soon.
He said there were five more stations planned for the country next year.
This article was originally published by The Fiji Times on October 22, 2016.