Petrocam Trading Nigeria limited, a major player in the downstream sector of the oil and gas industry in technical partnership with Gennex technologies limited says it is committed to actively raise the standard of the quality of service in the downstream value chain operation.
Eyo Martha Oghogho, manager in charge of Admin and Sales stated this while speaking on some of the strategies to be deployed by the company to achieve the set target at the opening of a new mega solar powered 24 hours operated station along the Lekki axis in Lagos.
“The decision to open a new retail outlet is in line with our vision and objective which is to bring petroleum products at affordable prices to the end users”
“The station has 9 double nuzzles PMS pumps outlet, two nuzzles for AGO and a gas skid plant. This is the only filling station along the Lekki that has a gas skid plant included in the filling station”. She said.
Oghogho disclosed that beyond playing in the retail outlet by providing service stations for end users, Petrocam have being known to bring in between six to ten vessels per month of PMS into the country and each vessel would carry an average of 60,000 metric tonnes (1 metric tonne is about 1,134 liters) of PMS.
On the capacity of the new station, Oghogho assures that for all the company’s mega stations, customers are guaranteed to get all the services they need at one location as the station represent a one stop shop.
She further noted that in order to cut down the cost of electricity supply, the station is powered with solar panels. “This is the only filling station along the Lekki axis that is fully solar powered”.
Tunji Tayo, executive director, engineering, Gennex technologies Limited said the station has solar installed capacity of 112 kilowatts which is sufficient to power the filling station and the building. This is designed in such a way that it the capacity can be increased overtime (scalable).
He noted that deployment of solar in Business enterprise is the way to go considering the challenging situation of power in Nigeria.
Oghogho while explaining the strategy deployed to by the company to keep down their operation expenditure amid the economy challenges faced by downstream operators, the Petrocam sales manager reveals that the company’s ability to over the years manage her overhead cost stands them out.
“Doing retail business has increase our profit margin because in retail you get a wider margin than when involve in petroleum product supplies. By also having a good meter and the best of products, this has helped us to bring the best of our services to Nigerians”. She said.
She further observed that the best way to stay competitive in the downstream retail business is to ensure you have a good meter and ensure product is available always.
On the company’s expansion plans, she said if in less than three years Petrocam have being able to open up four filling stations, it means that in five years with the tempo they are going, they would be opening a retail outlets outside Lagos.
KELECHI EWUZIE
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