Techno Oil wins LCCI 2014 oil & gas award

The Lagos Chamber of Commerce and Industry (LCCI) bestowed its 2014 Industry Awards on “most innovative and impactful company in the downstream” on Nigerian oil and gas company, Techno Oil Ltd.

LCCI said they had put together this maiden award in other to celebrate excellence in industry and commerce in Nigeria business space. LCCI used the occasion to announce its 125 years of operation in Nigeria.

Speaking at a ceremony, to bestow the award on the company, the President of the LCCI, Alhaji Remi Bello, said that Techno Oil was amongst other companies selected after a pain-staking selection process by a jury headed by Prof. Juan Elegido, Vice Chancellor of Pan African University, Lekki, Lagos with other distinguished men and women of international repute and captains of industry.

Techno Oil’s investments have helped the company achieve a daily distribution capacity of 10 million litres of petroleum products through its 45,000 MT fuel Terminal Facility and other retail outlets across the country. The firm is presently championing the cooking gas revolution in Lagos and other parts of the country.

Speaking on the latest award by the company, the Executive Vice-Chairman of the company, Nkechi Obi, said that Techno Oil was humbled by the recognition of its modest contribution to nation growth.

She described Techno Oil as a Nigerian company with a global vision, expressing her excitement that the company had become a dominant player in the downstream.

“All our investments have aided increased National Gross Domestic Product (GDP) and given meaning to the whole essence of the Local Content Act,” Obi said.

She added that Techno Oil in line with its vision `to be the future of energy’ and a pace-setter had redefined service delivering in the sector, bagging the latest ISO 9001: 2008 Certificate for Quality Management System from the Standard Organization of Nigeria

“In our bid to ensure utmost safety, innovation, operational efficiency and security, we installed process automation, control system and automated tank gauging system at our fuel depot terminal.’’

Obi said that the company had similarly, through its advocacy initiative, ‘’Going Green Revolution’’ partnered with market women across the country to distribute over 50,000 pieces of cylinders to indigent Nigerians.

“The advocacy is designed at creating a clean, safe and friendly environment.  The main thrust of the campaign is the need to switch to a healthier source of domestic energy.”