Energy & Mining International - Summer 2012 - (Page 91)

SUMMER 2012 LATIN AMERICA G U YA N A O I L C O . LT D . E M I Distributing True Value Guyana Oil Co. Ltd. believes in providing the best prices to its customers and the best service to its community. Guyana Oil Co. serves a network of 47 service stations across Guyana.. • Georgetown, Guyana “We make sure that our stations always have product and that they operate in a safe manner.” // REGGIE BHAGWANDIN, operations manager [ BY JIM HARRIS ] Guyana's leading provider of low-cost petroleum products is looking to expand its product offerings and improve its infrastructure. Guyana Oil Co. Ltd. – known as Guyoil – is a governmentPROFILE owned distributor of gasoline, kerosene and gas oil based in Georgetown, the South American country’s capital and largest city. Guyoil serves a network of seven company-owned and 40 dealer-owned sta- Guyana Oil Co. Ltd.. | HQ: Georgetown, Guyana | Employees: 300 Specialty: Petroleum product sales and distribution tions across Guyana. “We offer a better price for our products and a large network of stations that are accessible to people throughout the country,” Operations Manager Reggie Bhagwandin says. The company's status as a 100 percent government-owned company gives it a lower profit margin than other gas station operators in Guyana, giving it the ability to sell at a lower price while still making a profit, he adds. Guyoil imports gasoline, kerosene and gas oil primarily from producers in Venezuela and Trinidad through two terminals and one depot. “We make sure that our stations always have product and that they operate in a safe manner,” Bhagwandin says. This year, the company built new concrete jetties at both of its terminals in an effort to upgrade the facilities, and also plans to remodel its flagship station on Regent Street in Georgetown to make it more profitable and customer friendly. Also under construction is a marine terminal facility the company hopes to use to import and distribute jet fuel. Future plans include entering the liquified petroleum gas market. “We are definitely looking to expand and increase our market share,” he adds. 91

Table of Contents for the Digital Edition of Energy & Mining International - Summer 2012

Energy & Mining International - Summer 2012
Wind Financing
Latin American Energy
Mining Developments
Wabash Mfg. Inc.
Mega Precious Metals
Iron Ore Company of Canada
Rainy River Resources Ltd.
Canada Energy
Gear Energy
Manitok Energy Inc.
Chieftain Metals
IC Potash
Nyrstar Langlois Mine
Phoenix Technology Services Inc.
Waycon Manufacturing Ltd.
Tuscany International Drilling
Latin America Focus
Canacol Energy
Orosur Mining
Lithium One Inc.
Cabo Drilling (Panama) Corp.
Continental Gold Ltd.
Guyana Oil Co. Ltd.
Batero Gold Corp.
The Williston Basin
Primary Petroleum
Sanjel Corp.
Summit Energy Services
Kengor Metals LLC
Stone Energy
Holloway Pipe
McFarren Group – Appalachian Transload Services
Trumbull Corp.
De-Cal Mechanical
Buck’s Fabricating
ITI Trailers & Truck Bodies
Hamilton Machine/ ValTek Industries
Rodenberg Diversified LLC
Mazzella Lifting Technologies
Independence Excavating
Magna-Solutions LLC
Blackhawk Specialty Tools LLC
MinExpo 2012
Rail-Veyor Technologies
STW Technic
RAM Enterprise
Miner Elastomer Products Corp.
McElroy Manufacturing
REICHdrill Inc.
Gunnebo Johnson Corp.
The Timken Co.
K/M Specialty Pumps & Systems Inc.
Schroeder Industries
The Reinforced Earth Co.
Geoprobe Systems®
Sumitomo Pogo Mine LLC – Pogo Mine
Power Service Inc.
National Pump Co.
Peak Oilfield Service Co.
TonaTec Exploration
Xtreme Oil & Gas Inc.
White Tiger Gold
TransAtlantic Petroleum Ltd.
Lydford Mining Co.
MFM Industries Inc.
Crescent Companies
Tri State Tank
Aquila Resources
Armstrong Coal
EnerJex Resources Inc.
Sanchez Energy Corp.
Chatham Steel Corp.
Ad Index
The Final Shot

Energy & Mining International - Summer 2012