00{{23 marketing petroleum products, lubricants, domestic and industrial gas within Benin and the landlocked countries through two entities. 44. The first, BENIN OIL ENERGY SA, with the Applicant as the sole shareholded, was to be established in 21 locations in Benin, with sidewalk pumps, 21 service stations and 11 outlets for petroleum by-products, lubricants, domestic and industrial gas. ln the short-term, between 2016 and 2018, BENIN otl ENERGy sA envisaged the construction of 3 service stations with a capacity of 500 to 20,000m3 and 3 outlets. lt estimated acquiring and marketing locally 22p00 metric tons of gasoil per month with a turnover of Ten billion seven hundred and ninety-seven million nine hundred and thirty-seven thousand nine hundred and twenty (10/92,927,920) cFA Francs and a profit of Seven hundred and ninety-five million three hundred and fifty-two thousand six hundred and forty (795,352,640) cFA Francs per month, i.e. at 36.15 cFA Francs per litre. 45.The second, wAF ENERGY sA, of which pHtLtA GRoup LTD is the sote shareholdere and holds allthe socialshares, covers I localities and has 105 service stations and 93 sale points for petroleum based products, lubricants and domestic and industrial gas. ln the short-term, between 2016 and 2018, it was to have 30 service stations, 23 outlets, and estimated that it would acquire and market locally 20,000 metric tons of gasoil per month and export to neighbouring countries 60,OOO metric tons of gasoil for a monthly turnover estimated at Thirty-nine billion two hundred and sixty-nine million two hundred and twenty-eight thousand eight hundred (39,269,228,800) CFA Francs and an estimated profit of ten billion two hundred and thirty-eight million seven hundred and twenty-eight thousand eight hundred and seventy-two (10,238,728,872) cFA Francs, that is, 127.98 cFA Francs per titre according to the joint venture platform. E BENIN OIL ENERGY SA was constituted on g August 2016 by the Applicant who holds the entire share capital of 300 million CFA F. e WAF ENERGY SA was constituted on 3 August 2016 by the PHILIA GROUP LTD which hotds all the shares. @_