WhipLash
03-04-2001, 08:04 AM
Looks like Statoil are on a mission to own all the Statoil forecourts in the country. From previous price reports I've heard from around the country, this looks like it could be a good thing for the motorist, as this would mean that the Statoil price promise would then apply to all their forecourts.
Here's a report on one such buyout....
Statoil's plans to take control of its own forecourt operations are being thwarted by a group of businessmen who are seeking to retain their licence to operate their station.
The dispute centres on the Rochestown Avenue service station in Dun Laoghaire, where, the Irish Independent reported this morning, businessmen Tom McNestry and Noel Fahy are seeking compensation for loss of earnings, damages and legal costs after the Norwegian oil giant took legal action against them seeking to take possession of the station.
A spokeswoman for Statoil said the company acquired the Rochestown Avenue service station when it took over BP's network in 1992. She said that the station had always been operated on a three year licence, which expired in October 1998. She said there was no automatic renewal of the licence after three years.
McNestry and Fahy have claimed that it was a term of the agreement that the licence would be renewed indefinitely until they were 65.
Most of the other licensees have already settled with Statoil out of court. The company now has a network of more than 300 branded service stations of which over 200 are privately owned.
Here's a report on one such buyout....
Statoil's plans to take control of its own forecourt operations are being thwarted by a group of businessmen who are seeking to retain their licence to operate their station.
The dispute centres on the Rochestown Avenue service station in Dun Laoghaire, where, the Irish Independent reported this morning, businessmen Tom McNestry and Noel Fahy are seeking compensation for loss of earnings, damages and legal costs after the Norwegian oil giant took legal action against them seeking to take possession of the station.
A spokeswoman for Statoil said the company acquired the Rochestown Avenue service station when it took over BP's network in 1992. She said that the station had always been operated on a three year licence, which expired in October 1998. She said there was no automatic renewal of the licence after three years.
McNestry and Fahy have claimed that it was a term of the agreement that the licence would be renewed indefinitely until they were 65.
Most of the other licensees have already settled with Statoil out of court. The company now has a network of more than 300 branded service stations of which over 200 are privately owned.