Obat Oil Set To Play Big In Liquefied Petroleum Gas

 
Prince Akinfemiwa Akinruntan. Managing Director, OBAT Oil & Petroleum Ltd

Obat Oil and Petroleum Ltd, one of the leading oil marketers in Nigeria, has joined the league of Oil players exploring other areas of business in other to survive the economic situation in the country. In a bid not to restrict its operation to marketing, the oil company recently ventured into Liquefied Petroleum Gas (LPG), which is popularly known as cooking gas. The oil firm is also expanding the capacity of the depot and growing in the aviation business.

Obat Oil and Petroleum also has a vast land at the Lekki Free Trade Zone, where it is proposing a multi-million naira gas plant investment. It is sourcing for capital investment companies to invest in the diversified business.

A lot of opinions have been expressed about the future of gas in Nigeria, but the industry and the use of the product have so much potentials. It is not only used for cooking but can also serve as power generation and auto gas.

Investors who have keen interest in this area of business can partner with Obat Oil to unravel the untapped industry.