26/08/2019
AITEO
Aiteo has one of the largest private storage facilities for refined petroleum products in sub-Saharan Africa.
Their assets include petroleum storage facilities with capacity of more than 320 million litres.
This includes their Port Harcourt terminal with capacity of over 110 million liters and their Apapa terminal with capacity of approximately 210 million liters.
Aiteo Group is strategically focused on these business areas, with major prospects for immediate revenue growth and market pe*******on:
Exploration and production
Bulk petroleum storage
Refining of petroleum products
Trading, marketing and supply
Power generation and distribution
Aiteo owns and operates gas stations across Nigeria, selling at a highly competitive price.
They supply their stations and independent marketers via a fleet of tanker trucks with a variety of fuels, including:
• Automotive gas oil/Diesel
• Aviation fuel
• Fuel oil
• Kerosene
• Liquefied petroleum gas
• Lubricating fluids
• Premium motor spirit
Aiteo is known for unlocking energy by looking where no one else has dared to look, recognizing significant potential source for both oil and gas as tens of billions of barrels of oil reserves remaining untapped.
They do this through taking on the Niger Delta basin and the Benue Trough which has enough capacity to support the country's oil industry for decades to come.
The Aiteo brand is known to have a resilient get-it-done spirit, as in their words – ‘’we are not afraid to take on these challenges, both for economic success and for the good of the global community.
Oil is a finite natural resource and we must ensure that we retrieve as much of it as possible from the fields that are tapped, refine it as efficiently as possible into fuels and derivatives, and use it wisely in end-user markets, with pricing that reflects its rare value and the innovation that went into its release from its reservoir below the ground.’’
Not surprisingly, over the years, the Aiteo Group has been recognized on several occasions for their outstanding contribution to the energy industry.
This includes the 2018 Award for indigenous oil and Gas Company of the Year at the Nigerian Oil and Gas NOG conference which draws more than 100 industry professionals gathered from both the public and private sectors.
Today, Aiteo is widely recognized to have contributed to the phenomenal growth of Nigeria's oil and gas industry. Leveraging on innovation and hard work, they have consistently provided real value to private and public organizations as well as delivering safe and reliable energy in a socially responsible manner.
