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Oando Energy Services Emerges Nigeria's Largest ... - Oando PLC

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Marketing<br />

<strong>Oando</strong> Marketing Limited Signs Operating<br />

Agreement with BannerGas for Deployment of New<br />

Retail Gas Innovation<br />

Wale Tinubu, GCE, <strong>Oando</strong> <strong>PLC</strong>, Femi Olayisade, Permanent Secretary, Ministry of Petroleum,<br />

Mohammed K. Jubril, Senator, Federal Republic of Nigera (representing the Vice President) and<br />

Betty Okoroh, Clerk, Senate Committee on Gas<br />

A typical gas dispensing pump<br />

<strong>Oando</strong> Marketing Limited,<br />

the leading oil marketing<br />

retailer in Nigeria and a<br />

subsidiary of Nigeria’s <strong>Energy</strong><br />

giant <strong>Oando</strong> <strong>PLC</strong>, has recorded<br />

a landmark achievement in the<br />

oil and gas industry with the<br />

signing of an operating<br />

agreement with BannerGas, an<br />

engineering, construction and<br />

maintenance company with<br />

expertise in gas storage<br />

facilities on 3 rd June, 2009 for the<br />

installation of Liquefied<br />

Petroleum Gas (LPG) filling<br />

plants at <strong>Oando</strong> service stations<br />

nationwide.<br />

This initiative involves the<br />

installation of LPG dispensing<br />

pumps which will enable on-thespot<br />

dispensing of LPG using a<br />

pump meter into the customers’<br />

cylinders and instant collection<br />

of gas and cylinder by the<br />

customer from the station of<br />

purchase. The gas dispensing<br />

pump is equipped with modern<br />

day technology which enables<br />

it to fill gas cylinders of different<br />

types and specifications<br />

ensuring no customer is<br />

exempted from enjoying the<br />

benefits of this initiative.<br />

The key benefits of this initiative<br />

to customers are as follows:<br />

1. Availability: Available at<br />

designated <strong>Oando</strong><br />

service stations near the<br />

customers<br />

2. Affordability: Competitive<br />

pricing, simply within the<br />

customers means.<br />

3. Flexibility: Customers<br />

can buy what they can<br />

afford per time,<br />

depending on cash<br />

available and not cylinder<br />

size<br />

4. Accuracy: Equipment is<br />

kitted with a meter to give<br />

customers precise<br />

measure and value for<br />

money.<br />

5. Added Value: Customers<br />

would also enjoy free<br />

cylinder checks/ service<br />

on purchase<br />

6. Safety: <strong>Oando</strong> products<br />

and services meet safety<br />

standards and<br />

regulations.<br />

The first phase of the deployment<br />

plan for the LPG filling plants is<br />

scheduled for June 2009 with<br />

deployment to 10 <strong>Oando</strong> service<br />

stations in Lagos, Abuja and<br />

Kaduna. Subsequent phases<br />

are scheduled for later in the year<br />

which will see deployment of this<br />

innovation to additional 20<br />

<strong>Oando</strong> service stations<br />

nationwide by year end. With this<br />

initiative, <strong>Oando</strong> Marketing is<br />

bringing respite to Nigerians gas<br />

customers who up until now<br />

have had to live with several<br />

challenges associated with gas<br />

purchase.<br />

Our commitment is to give existing<br />

and prospective LPG customers<br />

a convenient, safe means of gas<br />

dispensing, purchase at a price<br />

they can afford while they still get<br />

to keep their cylinders. With this<br />

innovation, we have not only<br />

succeeded in achieving that but<br />

also guaranteed refill of gas<br />

cylinders of various types and<br />

specification with this equipment”.<br />

The <strong>Oando</strong> brand is known for<br />

innovation and setting the pace<br />

in the Oil and gas industry. This<br />

innovation is a clear<br />

demonstration of our will power to<br />

go the extra mile in introducing<br />

innovative products and services<br />

which are of great value and<br />

deliver true benefits to our<br />

customers. We are proud to<br />

premiere this technologically<br />

advanced initiative in African<br />

Sub-Saharan region with a<br />

competent partner, BannerGas<br />

and most importantly demonstrate<br />

the customer centric nature of our<br />

organization”.<br />

<strong>Oando</strong> Marketing is the leading<br />

oil marketing retailer with over<br />

500 retail outlets and numerous<br />

commercial customers cutting<br />

across the different<br />

geographical zones in Nigeria<br />

and operations in Ghana, Togo,<br />

Liberia and Republic of Benin.<br />

This leading position further<br />

reinforced by this innovation<br />

which is the first of its kind to be<br />

introduced at retail service<br />

stations in Nigeria.<br />

<strong>Oando</strong>News 4

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