Vivo Energy, Total eat into KenolKobil's market share

A Shell petrol station in Pangani, Nairobi. FILE PHOTO | NMG

Vivo Energy, the retailer of Shell-branded petroleum products, grew its market share in local fuel sales volume to 19.5 per cent in the second quarter ended June, according to statistics from the Petroleum Institute of East Africa (PIEA).

This saw the company make gains — compared to the full year ended December 2017 — alongside Total Kenya #ticker:TOTL, while KenolKobil #ticker:KENO lost by the biggest margin. PIEA has not published comparable market share data for the three months ended June 2017.

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Note: The results are not exact but very close to the actual.