Downstream & Upstream Operations

Home Downstream & Upstream Operations

Importation & Exportation

Our company has a working relationship with international trading companies in Russia and Budapest, UNCO Limited, VITOL, MOCOH, NIMEX PETROLEUM GROUP, TRAFIGURA, GLENCORE, and LOMZOH.

We also have affiliations with store owners and petroleum marketing companies to ensure the clearing of imported products to avoid demurrage. We are also on good terms with local downstream companies in Nigeria for effective marketing of our automotive gas oil.

Gas Supply and Exportation in terms of LPG and LNG is also part of the business activities that shall be embarked upon on the international platform.

Local Trading & Distribution

We are also into the bulk purchase of petroleum products for further vending to retailers; we buy in larger quantities and take over such products for resale to buyers from other parts of the country and Lagos suburbs. We have numerous customers that would consume a minimum of 5,000,000 Liters of AGO, PMS, and DPK in less than 3 weeks. And many more bulk buyers which we have developed in our strategic marketing.

Storage Facility Management

Adsan Rich Investment Ltd is also on the verge of building and developing its own storage facilities in Calabar and Lagos to take care of the Western, Eastern market as well as the North. The tank farm is required in our strategic blueprint to enable us to store all our imported petroleum products and to increase the company’s bottom line.

Exploration & Production (Upstream Business)

In the third phase of our Strategic Business plan which would kick-off in 2024, we would explore activities in marginal oil field operations and begin the exploration and production of crude oil for exportation. We are presently in pursuit of the Oil Prospecting License (OPL) and Oil Mining License (OML) to enable oil block bidding.

Energy & Power Distribution (Midstream Business)

This area of business is also in the overall strategic business intent to venture into the power sector of the Nigerian economy through generation, distribution and revenue collection services for the power industry. We would also venture into commodity trading.

Supply & Trading

Our Supply & Trading unit is responsible for the importation of petroleum products from refineries or foreign trading suppliers. We also handle the importation of the products, package the deal contract with the supplier and operate as brokers for the Companies. The Supply & Trading also takes charge to partner with Shipping Companies and Storage facility owners.