PETROAN Negotiates Fuel Supply Partnership with Azikel Refinery

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), under the leadership of National President Dr Billy Gillis Harry, has initiated discussions with Azikel Refinery for a structured offtake partnership. This partnership aims to supply locally refined petroleum products to retail outlets nationwide.

The PETROAN delegation visited the Azikel Refinery in Yenagoa, Bayelsa State, where they were welcomed by the refinery's Chairman, Dr Eruani Godbless, and the management team. During the visit, Harry praised the ongoing work at the refinery, describing it as "wonderful." The discussions focused on the refinery's development, operational plans, employment opportunities, and a proposed offtake arrangement that would allow PETROAN members access to products based on agreed commercial, technical, and operational terms.

PETROAN emphasized its commitment to enhancing domestic refining capacity and collaborating with indigenous refineries to promote a sustainable petroleum products market in Nigeria. Godbless confirmed that the refinery is the fourth-largest private refinery in Africa and assured the delegation of its potential to add value to the oil and gas industry.