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Indigenous player, Petrocam dreams 50 fuel stations by end of 2024

New entrant to the nation’s downstream petroleum marketing space, Petrocam Trading Nigeria Limited, has drawn a long-term expansion plan that will see it jumping number of fuel stations across the country to 50 outlets by 2024.

Giving the cheerful details during his address while unveiling the company’s 11th solar-powered station at Igando, Lagos, the Managing Director, Mr Patrick Iloh, described the new station as a one-stop shop for all petroleum products.

While expressing optimism about the downstream sector of the nation’s oil sector, Iloh averred that “We are doing well and moving fast. We started this expenditure in 2014, and we have been growing exponentially.

“We are going to unveil another station next year, and another one in December. In the next five years, we are targeting about 50 stations.

“I think the downstream oil and gas sector is promising; there is sanity. If you look at the standards on a daily basis, people are raising the standards and with the trend of population growth, I think there is a lot of prospect for the sector.”

Continuing, he revealed that part of the drive to open up more stations include to create more jobs for Nigerians and help in making petroleum product access and affordability seamless across leading commercial hubs in Nigeria.

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