History and Future Strategy of Oando slide image

History and Future Strategy of Oando

Competitive Positioning Oando Competitor Trends & Strategies Oando has entered into strategic partnership with Vitol which will increase and accelerate Oando's investment in the industry as well as provide economies of scale. Global Trading Firms have taken to structuring term supply deals with independent indigenous and Domestic Majors to optimize their sourcing models. The larger firms tend to leverage on their local partner's infrastructure and logistics while utilizing their sizable balance sheet to obtain cheaper financing for these deals. Our closest competitors are Forte Oil and Sahara: - Forte has supply agreements with Mercuria to meet some of their total white products (TWP) demand. They have also revamped their downstream assets. -Sahara manages its product sourcing in-house from its trading entity in Geneva. - One of the key challenges to Global Trading Firms is local currency risk and the risk of late payment on subsidies. Strategic Patner Trading Competition Vitol MERCURIA TRAFIGURA GLENCORE Arcadia Indigenous & Domestic Competition MRS FORTE OIL PLC TOTAL acorn Heyden Conoil Mobil™ Sahara GROUP 40 40
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