Perspective for GFI Market PositionGFI's three current clients amount to 98,630 bbl/day of world oil consumption. In rank order of the world's largest oil consumers they are #103 (Tanzenia), #108 (Uganda), and #137 (Uganda). Panama consumes more oil than all three of GFI's current clients combined and ranks #77 with 98,890 bbl/day of oil consumption. Given that Mexico ranks #11 with 2,133,000 bbl/day, it could be said that a contract with ant top 11 country could grow GFI's sales by 20-fold or more. SIPCA currently has offices in 8 of those 11 countries. (2)
Likewise the Netherlands ranks #20 with consumption of 1,010,000 bbl/day, so it could be said that a contract with any top 20 consumption country could grow GFI's sales by at least 10-fold. SIPCA currently has offices in 7 of those 9 additional countries.
Succinctly, it could be said that there are 20 countries that could grow GFI's business by 10-fold, SIPCA has offices in 15 of those countries.
(1)
List of Countries by Oil Consumption
(2)
SIPCA Locations
The Wikipedia Summary on Fuel Dyes gives some interesting insight into current fuel marking programs and the laundering of fuel at dye removal refineries:
Fuel Dyes Wiki