Yetebaberut Beherawi Petroleum S.C (YBP) was established in May 2004. At present its registered capital is Birr 55 million. YBP is owned  by Ethiopian Nationals, thus the equity capital is 100% local and it is the only company of its kind in Ethiopia.
          
The major factors that motivated the establishment of the company are opportunities created for new entrants into the sub-sector of petroleum products distribution in the country.
The major opportunities for engaging in the business of petroleum distribution are:

  • the Country's anticipated economic growth with the corresponding increase in consumption of fuels and lubricants;
  • the government's support for the establishment of local oil companies; and
  • the removal of unfavorable pre-conditions.
In establishing the company, the owners have committed themselves to strengthen the managerial and technical capability of the company by employing qualified managerial and technical personnel as well as by introducing systems that enable the company to efficiently and effectively handle its operation.
 
 
 
 

MESSAGE FROM YETEBABERUT
BEHERAWI PETROLEUM S.C.

Ethiopia is a center for almost all forms of economic and socio-political activities of the international community in general and African continent in particular. Among others, Ethiopia serves as a home place to international organizations like African Union, ECA, UNDP, WHO, FAO, etc. It is customary to see Addis Ababa hosting international conventions, workshops, & meetings, International trade fairs & exhibitions etc… more......