Tanoil Investments Limited

What Tanoil Investments Limited does

Tanoil Investments Limited is a Tanzanian government-owned Oil Marketing Company and a 100% subsidiary of the Tanzania Petroleum Development Corporation (TPDC), operating under the Ministry of Energy. The company was originally incorporated in March 1999 as Commercial Petroleum Company (COPEC), remained dormant for nearly two decades, was rebranded as Tanoil Investments Limited in November 2017, obtained its EWURA operating license in March 2017, and commenced commercial operations in March 2021.

The company sells petrol (Unleaded 92 / PMS) and diesel (AGO 0.005 ppm) through a network of company-operated retail fuel outlets in five Tanzanian regions (Geita, Singida, Tarime, Segera, and Musoma) and provides bulk/wholesale fuel delivery to government institutions, mining operations, industrial and corporate customers. A transit business moves petroleum products through Tanzanian ports (Dar es Salaam, Tanga, Mtwara) to seven landlocked neighboring countries: Burundi, Rwanda, Kenya, DRC, Uganda, Zambia, and Malawi. Planned product extensions include lubricants and LPG cylinders. Service-station retail operates 24/7 while bulk fuel sales run 08:00-16:00 weekdays. Fuel prices are regulated monthly by EWURA within a cap-and-floor band.

Revenue mechanics are transaction-based volume sales under regulated unit pricing, with discounts available to frequent or institutional customers within EWURA limits. Go-to-market is sales-led, with a commercial sales team handling corporate accounts and bulk orders via phone (022 2131171) and email ([email protected]). Headcount at HQ is approximately 5 staff, supplemented by operational personnel across retail outlets and storage facilities in Kigamboni. Core strategic customers include TANESCO, STAMIGOLD, and PBPA. No technology platform, mobile app, or proprietary digital infrastructure is disclosed; operations rely on standard midstream and downstream petroleum infrastructure.

Name

Tanoil Investments Limited

Legal name

Tanoil Investments Limited

Website

https://tanoil.co.tz

Company type

Private

Founded year

1999

Operating status

Operating

Short description

Tanoil Investments Limited is a Tanzanian government-owned Oil Marketing Company and 100% TPDC subsidiary that sells petrol and diesel through retail fuel stations, bulk/wholesale supply to government, mining, and industrial customers, and transit petroleum logistics to seven landlocked neighboring countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Dar es Salaam

HQ country

Tanzania

HQ region

Africa

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Petroleum Product Sales: Sale of petrol (Unleaded 92/PMS) and diesel (AGO 0.005 ppm) through retail fuel outlets and bulk/wholesale distribution to government institutions, mining operations, industrial and corporate customers, and retailers.
2. Transit Business: Transit services for petroleum products destined for landlocked neighboring countries (Burundi, Rwanda, Kenya, DRC, Uganda, Zambia, Malawi) through Dar es Salaam, Tanga, and Mtwara ports. Includes logistics management, storage, customs compliance, and tracking services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Tanoil Investments Limited is a government-owned Oil Marketing Company that distributes and sells petroleum products—petrol (Unleaded 92/PMS) and diesel (AGO)—through retail fuel outlets and bulk/wholesale supply to government institutions, mining operations, industrial and corporate customers. It also provides transit corridor services moving petroleum products through Tanzanian ports to landlocked neighboring countries.

Product overview

Tanoil Investments Limited is a government-owned Oil Marketing Company (OMC) and wholly-owned subsidiary of Tanzania Petroleum Development Corporation (TPDC). The company operates a multi-product petroleum portfolio comprising two core fuel products—Diesel (AGO) and Petrol (PMS)—alongside transit business services for regional cross-border petroleum trade, and a growing retail fuel outlet network across Tanzania. The product portfolio includes current offerings of fuel products and transit logistics services, with planned expansion into lubricants and LPG cylinders. Services include corporate bulk fuel accounts, retail fuel sales, and customer KYC onboarding.

Differentiator

Problem solved

Functional benefit

Products and services

• Petrol (PMS Unleaded 92) High-grade unleaded petrol (92 octane) sold to automotive, retail, and commercial consumers meeting national quality specifications (TBS standards).
• Diesel (AGO) Premium diesel (Automotive Gas Oil, AGO 0.005 ppm) suitable for automotive, industrial, mining, and commercial applications, meeting national quality specifications.
• Transit Business Services Cross-border transit logistics for petroleum products moved through Tanzanian ports (Dar es Salaam, Tanga, Mtwara) to landlocked neighboring countries including Burundi, Rwanda, Kenya, DRC, Uganda, Zambia, and Malawi. Includes storage, customs compliance, logistics management, and tracking.
• Retail Fuel Outlets Company-operated retail fuel station network across Tanzania providing petrol and diesel to motorists and the public, operating 24/7, with active geographic expansion to strategic locations.
• Corporate Accounts & Bulk Fuel Services Tailored corporate fuel supply accounts for businesses, mining companies, government institutions, and industrial customers, including bulk delivery, installed consumer facilities for industrial sites, and dedicated account management through the commercial sales team.
• KYC Customer Onboarding Service Know Your Customer documentation and onboarding service that enables corporate clients and bulk fuel customers to register for Tanoil's commercial supply accounts in compliance with regulatory requirements.

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Petroleum Bulk Procurement Agency (PBPA)coreStrategic or Co-development PartnerPBPA registers Oil Marketing Companies and facilitates bulk procurement of petroleum products. Tanoil is registered by PBPA for oil trading operations and collaborates on procurement activities.
• Energy and Water Utilities Regulatory Authority (EWURA)coreOthersEWURA is the regulatory authority that issues Tanoil's oil trading license and sets fuel price cap and floor regulations. Tanoil operates under EWURA's regulatory framework.
• National Microfinance Bank Plc (NMB)minorOthersNMB is one of the banks through which Tanoil accepts bulk fuel order payments.
• CRDB Bank PlcminorOthersCRDB Bank is one of the banks through which Tanoil accepts bulk fuel order payments.
• National Bank of Commerce (NBC)minorOthersNBC is one of the banks through which Tanoil accepts bulk fuel order payments.
• Stanbic BankminorOthersStanbic Bank is one of the banks through which Tanoil accepts bulk fuel order payments.
• Tanzania Ports Authority (TPA)coreStrategic or Co-development PartnerTPA manages the ports through which Tanoil handles transit petroleum products for landlocked neighboring countries, including Dar es Salaam, Tanga, and Mtwara ports.
• Tanzania Revenue Authority (TRA)minorOthersTRA handles customs procedures and regulatory requirements for transit petroleum products in accordance with EAC protocols.
• TANESCOcoreChannel Partner/ Reseller/ DistributorTanzania Electric Supply Company Limited - National electricity utility company that sources petroleum products from Tanoil for power generation operations.
• STAMIGOLDcoreChannel Partner/ Reseller/ DistributorMining company that receives petroleum products from Tanoil for operational needs including fuel for mining equipment and vehicles.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• TotalEnergies Marketing Tanzania: A major multinational oil marketer operating retail stations, bulk/wholesale distribution, and lubricants across Tanzania. Directly comparable as a fully licensed OMC selling PMS, AGO, and lubricants to retail, commercial, and government customers in the same domestic market.
• Puma Energy Tanzania: A multinational downstream fuel marketer with retail networks and bulk supply operations across Tanzania and East Africa. Comparable on product mix (PMS, AGO), customer segments (retail, mining, industrial), and distribution model.
• Engen Tanzania (Vivo Energy): Subsidiary of Vivo Energy Holdings operating retail fuel stations and bulk petroleum supply across Tanzania. Same product set (PMS, AGO, lubricants), same regulatory framework under EWURA, and overlapping customer base.
• Oryx Energies: Independent mid/downstream fuel and lubricants distributor active across East and Southern Africa, including Tanzania. Directly comparable on bulk petroleum supply, lubricants, and B2B/retail distribution in similar geographies.
• Hass Petroleum: East African oil marketing company headquartered in Uganda with operations across Uganda, Kenya, Tanzania, Rwanda, DRC, and Burundi. Comparable as a regional OMC competing for transit fuel flows to landlocked countries and serving mining/industrial customers.
• Lake Oil Group: Tanzania-headquartered downstream petroleum company operating fuel storage, bulk distribution, retail stations, and LPG across East Africa. Comparable on regional storage/depot model, cross-border fuel logistics, and product portfolio.
• Galana Oil Tanzania: Tanzanian oil marketing company engaged in bulk petroleum supply and retail distribution. Comparable as a domestic OMC selling PMS and AGO under EWURA regulations to government, mining, and industrial customers.
• Hashi Energy Limited: Tanzania-based oil marketing company with retail and wholesale petroleum operations. Comparable as a domestic OMC competing for market share in EWURA-regulated fuel sales to retail and commercial customers.
• Gapco Tanzania (Dalbit International): Tanzania-based petroleum marketing subsidiary of Dalbit International, active in fuel storage and bulk supply. Comparable on petroleum storage/depot operations, bulk distribution, and East African regional trade.

Broad incumbents

• Vivo Energy Holdings: Pan-African fuel marketer (Shell licensee in many markets) operating retail and commercial fuel businesses across 20+ African countries including Tanzania. Comparable as a broader incumbent with overlapping OMC, lubricants, and LPG operations at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tanoil Investments Limited