Exits as small oil firms give in to low margins, bigger players

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KenolKobil and Engen have been acquired and are exiting the market, giving way to new entrants. PHOTO | CYRIL NDEGEYA

By  MOSES K. GAHIGI

What you need to know:

  • Smaller oil marketing companies like Mogas Rwanda have been shrinking in terms of distribution and reach and continue to struggle due to the tough realities in the market

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