Impact Driven
Value:
$426,000,000
Capacity:
300 Million Litres
Website
www.petrolex.com
Sector: Energy

Petrolex Oil and Gas Limited

Petrolex Oil & Gas is a holistic energy enterprise committed to driving excellence and value across the oil and gas sector through its multifaceted subsidiaries, each specialising in exceptional service delivery.

Situated in Ibefun, Ogun State, the Petrolex Mega Oil City serves as a state-of-the-art hub for advanced oil and gas infrastructure in Nigeria. Spanning an expansive 13,000 acres, this energy city is currently anchored by a cutting-edge tank farm, with imminent plans to introduce a 250,000 barrels-per-day refinery, a gas bottling facility, and a lubrication plant.

The company has initiated the realisation of its strategic vision through the operational launch of the Petrolex tank farm. This development is augmented by an array of support facilities, including tugboats, barges, and oil vessels, thereby enhancing the efficiency of petroleum product supply and distribution across the value chain.

Petrolex Mega Oil City will sits on 13,000 acres, housing an ultramodern tank farm, a 250,000bpd refinery, a gas bottling plant, and a lube plant.

Core Services:
Upstream Exploration & Production

  1. Storage Solutions – Comprehensive Distribution
  2. Network of Retail Outlets for Petroleum Products
  3. Compressed Natural Gas
  4. Liquified Natural Gas
Notable Mentions

Quotes

Yemi Osinbajo

Former Vice-President

It is really a pleasure and honour to be here today to see for myself and to commission this one-of-a-kind facility. From the point of view of government’s downstream objectives in the petroleum sector, this investment is of special significance

5.0 rating based on 1,234 ratings

Ibe Kachikwu

Former Minister of State, Petroleum Resources

The tank farm, which is the largest in Nigeria and sub-saharan Africa, would be a perfect distribution centre in Nigeria

 

5.0 rating based on 1,234 ratings