Petredec first entered the downstream business
in 2008.

Petredec Investments Ltd, through its wholly owned subsidiary Petredec Reunion SAS, acquired the LPG distribution business of Chevron in the Indian Ocean Island of Reunion.

The acquisition allowed Petredec to sell and distribute its own brand of LPG cylinders "Petregaz", to Chevron service stations, retail outlets and commercial businesses on the island.

Petregaz is actively involved in local market development, promoting the use of LPG as an environmentally friendly and logical substitute for gasoline.

Moving forwards, Petredec continues to identify opportunities to expand market share within the island.

For more details on Petredec Reunion SAS, please visit its website at www.petregaz.com.