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Vivo Energy, a unit of global commodities trader Vitol, will invest an initial 10 billion rand ($550.79 million) in its South African operations following its merger with Engen, South Africa’s trade minister Ebrahim Patel said on Wednesday.

Engen and Vivo Energy formally completed their transaction on Tuesday to combine their businesses, after regulators agreed in April for Malaysia’s Petronas to sell its 74% stake in Engen to Vivo Energy.

The combined Vivo Energy group now has over 3,900 service stations and more than 2 billion litres of storage capacity across 28 African markets.