By Dipo Olowookere
After staying away from the aviation fuel business, one of the leading oil firms in the country, 11 Plc (formerly Mobil Oil Nigeria) has re-entered into the market.
The company is not into the sale and marketing of aviation jet fuel (ATK) at the Murtala Mohamed International Airport and General Aviation Terminal (GAT — Domestic).
It was disclosed that Mobil Oil is returning into the venture as a result of the partnership it entered into with Air BP.
Mobil Oil’s aviation business, which has been inactive for the past five years, is being revitalized in the wake of the construction of a new 20 million litre aviation jet fuel (ATK) tank and the laying of new ATK pipelines linking the company’s facility at Apapa with the Apapa Jetty.
Speaking on the development, MD/CEO of 11 Plc, Mr Adetunji Oyebanji, said, “We are delighted with the relaunch and our collaboration with Air BP.
“Air BP is one of the world’s largest suppliers of aviation fuel products and services. We are leveraging their innovative technical support and risk management expertise to provide best-in-class aviation fuel services to airline customers.”
In a statement signed the firm’s Head of Public & Government Affairs, Ayomike Amaju, Mobil Oil, under its new management, continues to take huge strides in the Nigerian oil and gas downstream sector in keeping with its strategic investment drive geared toward repositioning for maximum output and improving its growth and earning potentials.
more recommended stories
FY 2018: Transcorp Hotels Declares N3.7b Profits, N1.1b Dividend
By Modupe Gbadeyanka The board of.
Osinbajo Plane Crash: Caverton Blames Weather as FG Orders Probe
By Dipo Olowookere Aviation authorities have.
NAHCO Maps Out Strategies to Pay Better Dividend
By Dipo Olowookere The Group Managing.
Tapping Travel Insurance for Smooth, Safe Trip
By Adeniyi Ogunfowoke The importance of.