Storage

The Petrolex Group has invested over $330million in the Ibefun tank farm. The storage facility is the largest  and the first of its kind in sub-Saharan Africa.

Distribution

Our procurement of 10 barges, 2 tug boats and a daughter vessel puts us in a position to strategically improve the distribution of products around Nigeria.

Retail

Our state-of-the-art retail service stations will be rolled out in Nigeria and other African countries. We have laid out plans to build about 1500 retail outlets around Africa.

Refining

We are investing in the provision of refining services at the Petrolex Mega Oil City to increase the availability of refined petroleum products.

Our Facility

Petrolex group is an integrated energy conglomerate that provides services spanning across refining, storage, distribution and retailing of petroleum products.

We are committed to providing innovative energy solutions.

Petrolex group is an integrated energy conglomerate that provides services spanning across refining, storage, distribution and retailing of petroleum products.

We are committed to seamless execution of strategic investment plans to provide innovative energy solutions.
For us, the ultimate success lies not only in the profitability of our operations but in excellent service delivery.

Management Team

Our management team is made up of seasoned professionals (local and international), trusted technical and financial partners that combine their considerable skills in the attainment of our desired objectives

Segun Adebutu

Chairman/CEO.

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Olukayode Kayoko Adelaja

Executive Director, Engineering and Technical Services

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Fact Sheet

  • Phase one

    300 million-litre tank farm
    30 loading gantries
    4000-truck capacity park
    One 30kt vessel
    16 barges
    8 tugboats

  • Phase two

    50 modern retail stations
    250,000 barrels per day refinery
    1.2 billion-litre capacity storage
    Lube plant
    Gas processing facility
    Fertilizer plant

  • Socio-Economic Impact

    Over 10,000 new jobs (direct and indirect)
    Over 500% improved throughput capacity for distribution of petroleum products
    Extensive social investment to impact over two million lives
    Approximately 60% decongestion of the Apapa & Ibafo tanker traffic and elimination of associated hazards.