Nigeria’s Propetrol Seals Partnership Deal with Foreign Company for Local Bunker Business

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Nigeria‘s Propetrol Limited (Propel) says it has finalised plans to partner with a foreign company on its Nigerian bunkering business, according to local media reports.

While the reports did not name the foreign business partner, the companies’ cooperation is said to be intended to support the expansion of Propel’s business into new physical locations.

“Today, we are one of the leading indigenous players in the bunker supply sector in Nigeria, providing services to leading IOCs, NOCs, MFOs, rigs, platforms and PSVs, dredging companies, vessels on Nigeria waters, marine equipment,” said Harry Ebohon, CEO and Managing Director for Propel.

“In a consolidation of our market leadership in this niche, we have entered into a partnership with international corporates to offer even more robust services to our customers in markets where we are not physical. We shall be making announcements in this regard in the coming weeks.”

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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