petrfinance.com has been very active in the global oil and gas sector establishing a core position in the downstream crude oil and petroleum products trading and distribution business.
We have exported crude oil out of india to offshore refineries and IOC’s for over 10 years. From 2005 to date petrfinance.com has so far exported close to 50million barrels of crude oil for supply directly to refineries such as Petrobras – Sao Paulo Brazil, Sunoco – Philadelphia USA, Tamoil – Hamburg Germany, Tema Oil Refinery (TOR) – Ghana and IOCs such as NNPC, GNPC, Shell Petroleum, ENI, and British Petroleum BP.
petrfinance.com has also imported into the country in the last couple of years over 400million Litres of petroleum products directly from refineries abroad for local consumption.
Gas Processing
petrfinance.com and its partners are developers of gas processing systems that employ the latest technologies in extracting natural gas liquids and delivering high-quality methane using a unique technology, which can be used to extract valuable natural gas liquids from gas streams and improve the quality of the natural gas stream which would result in increased efficiency of gas turbines for power generation.
Gas Treatment Plant Fabrication And Maintenance Facility
petrfinance.com has gained valuable experience over the years in delivering solutions aimed towards increasing the production of dry quality gas to meet the growing demand of power plants in the country. To this end, petrfinance.com is in the process of setting up an in country fabrication and maintenance facility aimed at providing rehabilitation/repair services for the gas industry.
The Shop Capabilities will span a wide range of needs from the fabrication of essential equipment to basic repair works.
Gas Development Consultancy Services
petrfinance.com provides a wide range of gas development consultancy services to gas operators. The company is led by an experienced management team with vast knowledge of the upstream, mid-stream and downstream gas industry both locally and internationally.
petrfinance.com’s investment platform was established in 2022 with the aim to make strategic investments across the energy value chain and become a holding company for power assets. Within its first years of existence, it conceived the opportunity, initiated the process, and together with its partners acquired one of the largest gas-fired power stations, in a competitive bidding process. This asset is fast becoming one of the Nation’s best-performing power plants.
petrfinance.com was instrumental in supporting the consortium to success, having submitted the most financially and technically competitive bid. We are an active shareholder with a seat on the Board of Directors and a member of the Finance and General Purpose Committee. To this end, we have also established key business and working relationships with key power sector players over the years.
petrfinance.com’s strategic growth plan ensures that it aligns itself with national strategy on power. We aim to become a consolidated power company with the ability to grow our business activities and build a portfolio of assets through strategic acquisitions, aligning our relationship with the Government, and forming local and international partnerships.
petrfinance.com (United petrfinance.com) was founded with a vision to become the preferred oil exploration and production company.
petrfinance.com has demonstrated its commitment to the participation of indigenous companies in the development of the upstream oil sector by successfully participating in the oil block bidding exercise of 2003-2005. petrfinance.com is part of the consortium that was successful in the acquisition of OML 325.
Since the conclusion of the 2005 Bid Round, petrfinance.com has pursued farm-in partnership opportunities with operating companies. Some of these negotiations are still ongoing and petrfinance.com has every hope for their success in the near future.
Breaking bulk is one of our strong business areas. We have developed innovative means of providing this service to our customer base.
Our ability to market bulk quantities of petroleum products to our clients within a very competitive oil and gas industry is as a result of our vertically integrated network of offshore, coastal, and inland operations.
The supply of petroleum products is a service we provide as part of activities in the downstream sector, and it cuts across a wide range of industries; manufacturing, transportation etc.
petrfinance.com has a proven track record as an importer of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), and exporter of Liquified Petroleum Gas (LPG) – propane/butane, Condensate, Pentane plus, Naphtha and Fuel Oil (LPFO). petrfinance.com has also imported into the country in the last couple of years over 400 million liters of petroleum products directly from refineries abroad for local consumption. petrfinance.com’s combined throughput in 2011 alone amounted to over 200,000 tonnes of petroleum products.