Nasan Energies’ bid for Vivo Energy stations draws fresh scrutiny
Nasan’s managing director reported progress on transition plans, including a new brand identity.
Namibia’s Nasan Energies is nearing approval to acquire 52 service stations from Vivo Energy and Engen, as regulators weigh whether the deal will strengthen or undermine competition in the fuel market.
At a public hearing in Windhoek, the Namibia Competition Commission (NaCC) said the stations were put up for sale to prevent dominance following Vivo Energy’s global takeover of Engen. NaCC chief executive Vitalis Ndalikokule said the review must ensure the transaction protects consumer welfare, not just commercial interests.
Nasan’s managing director, Jean‑Blaise Ollomo, reported progress on transition plans, including a new brand identity, upgraded retail systems and a secured fuel‑supply agreement.
Opponents, however, questioned alleged ties between Nasan co‑founder Miguel Hamutenya and global trader Vitol. Nasan’s legal representative, Vanessa Kauta, dismissed the claims, insisting none of the company’s owners hold shares in Vivo, Engen or related entities.
The commission will issue a final decision after assessing all submissions.
