Petrocam Trading Ltd: Outstanding, quintessential oil trader

By Oluwagbenga Bankole          

To some companies in the Nigerian oil and gas industry, oil trading business is a mammoth task, but it is not the same story to Petrocam Trading Limited who has been doing this business with a lot of panache and exuberant.

Background

Petrocam Trading Limited which was established in 2004, is an entity focused on commodity trading in Africa. Petrocam has in the last 11 years developed invaluable and competitive experience in operating in developing countries and has cemented its ability to facilitate trade in emerging and developing markets, relating to African import and export flows of commodities.

 Undoubtedly, the company has been able to optimally facilitate petroleum trading from a risk management perspective by taking charge of the delivery of products to customer’s tank farms and warehouses using our “Cradle to the Grave” approach, mitigating the risks end to end throughout the supply chain.

The company provide flexible trading solutions to accommodate the requirements of suppliers, buyers and financial institutions by efficiently pooling together industry experience and resources to offer full turnkey supply and logistics solutions for commodity trading in Africa.

Petrocam has established offices in South Africa, Nigeria, Ghana and Kenya and we have an ambitious expansion strategy in place.

 Petrocam believes in investing in the countries in which they operate in the form of both skills development and infrastructure investment. They believe that skills development, leadership opportunities and an emphasis on quality service delivery form the core of an organisation’s ability to grow and prosper.

The company place great emphasis on up-skilling its staff, facilitating the continuous promotion and development of employees within the organization which encourages employees to continue to learn and invest in themselves and the company.

Petrocam Managing Director, Mr. Patrick Ilo

Outstanding Service Delivery

While Petrocam deals in a spectrum of commodities, its primary trade remains currently within the Petroleum Industry trading in refined petroleum products such as Gasoline, Gasoil, Kerosene, Naphtha, Lubricants and Greases into the African continent with a huge focus on West Africa.

 In West Africa, the company offer additional services to the trade providing STS and chartering solutions for our customers to facilitate their trade more efficiently and conveniently.

Petrocam has a well-established customer base and they are focused on a client centric approach. Their trading activity is principally direct with the source based suppliers or manufacturers.

Petrocam’s flexible structured trade solutions reduce and mitigate the risks inherent in transactions, which the transacting parties would otherwise be exposed to. In the logistical implementation for delivery of its products, Petrocam utilize its established and reliable network panel of specialists which include financial institutions, insurers, independent inspection and verification agents, credible vessel brokers and owners, logistics providers and shipping agents, all with a global footprint. They are thus able to ensure that the company can implement all transactions end to end without operational risks impacting our transactions.

Petrocam petrol stations at Ajah, ELF bus stop Lekki and Lasu Igando road among others are delivering world class services to Nigerians. That was why recently some Nigerians adjudged their filling stations as petrol stations with most accurate pumps in Lagos state.

Nigerians who made their opinion known through the question asked by Nairaland on its website which says “Which Petrol Station Has The Most Accurate Pump In Lagos,” acknowledged that Petrocam Petrol Stations in Ajah, elf bus stop Lekki and Lasu Igando road are the best in the state.

A Nigerian by the name ‘Smooyis’ stated that; “I give it to Petrocam Ile epo, Ejigbo. Sometimes you see queue in the station thinking there is fuel scarcity. Alas it's just the confidence people have in their pumps.”

Others who also comment on the question attributed to the fact that the petrol station is indeed satisfying the yearnings of Nigerians.

“Anyway Petrocam along Lasu Igando and Egbe is are best,” Mkoabiola.

“They're on another level. Their cooking gas refill technology is amazing too,” AceVentura.

“Petrocam in Isheri off gloryland estate are very good,” Jeffboi.

Corporate Social Responsibilities

As a demonstration of its corporate social responsibility to its host community, Petrocam Trading Nigeria Limited few months ago gave out various rewards to the Igando community in Lagos State.

Speaking at the event, the Managing Director, Mr. Patrick Ilo, commended the community for its cooperation with the company. He noted that the support of the community members helped the company to overcome the challenges it faced with competitors in the area.

 Petrocam believes that with its own growth and success, the community within which it operates should simultaneously benefit. That is why the company participate in several community development projects independently or  in partnership with non-profit organisations on a continuous basis investing in community centres, Enterprise and Entrepreneurial Skills Development programmes, Education and welfare for orphans and the underprivileged persons, youth development programs and disaster relief projects wherever a crisis may exist.

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