Conex Oil and Gas Holdings acquire Total Liberia and Total Sierra LeoneChristian Fernsby ▼ | March 27, 2020
Conex Oil and Gas Holdings signed an agreement with Total to acquire Total Liberia and Total Sierra Leone.
Liberia and Sierra Leone Conex Oil and Gas Holdings
Topics: Conex Oil and Gas Holdings acquire Total Liberia Sierra Leone
This transaction represents a unique opportunity for Conex to become a market leader in the fuel marketing business in West Africa with specific emphasis on the Mano River Union, due to Total Liberia and Total Sierra Leone leading positions as vendors of fuel in the aviation industry.
"Several international companies participated in this competitive bidding process which was conducted in compliance with Total Group's rules and standards, and I am pleased that Conex, a Liberian entity, emerged successful in the acquisition.
"We are excited about the expansion of Conex throughout these countries because this will create jobs and promote development in the areas into which we expand," said Cherif Abdallah, CEO and Chairman of Conex Oil and Gas Holdings and Conex Petroleum Group. ■