Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO), Kerosene (DPK) and Liquified Petroleum Gas (LPG).
Rainoil Limited was incorporated in November 1994. Commencing business as a petroleum products marketing company in May 1997, the company’s assets base has grown over the last 20 years to include:
• Bulk Storage – 3 ultra-modern petroleum product storage depots i.e. a 50 million litre capacity multi-product depot in Oghara, Delta State, a 50 million litre capacity multi-product depot in the Calabar Free Trade Zone, Calabar, Cross River State and a 50 million litre capacity multi-product depot in Ijegun, Lagos State.
• Retail Services – over 80 retail outlets spread across the country. Our stations are strategically located in major cities such as Lagos, Abuja, Kaduna, Port Harcourt, Calabar, Uyo, Enugu, Onitsha, Asaba, Makurdi, Sapele, Lafia, Keffi etc. We have a large and diverse customer base of retailers who rely on us for supply of products.
• Logistics – A fleet of over 100 tank trucks for efficient delivery of products to our network of stations and customers across the country. The fleet is frequently renewed through a deliberate truck acquisition policy.
• Marine Services – 1 shipping vessel; with a total carrying capacity of over 20,000 metric tonnes.
Rainoil Limited remains a wholly indigenous company and a recognized player in the downstream oil and gas industry. The ultra-modern head office is located in Lekki, Lagos State.
Rainoil Limited, an integrated downstream oil and gas company, has been recognised with the ‘2020 Downstream Company of the Year Award’.
The award was presented to the company at the Nigerian Business Leadership Awards 2020, according to a statement released by the company.
The Group Managing Director, Dr Gabriel Ogbechie, described the award as ‘an acknowledgement of the group’s consistent focus on strategic and value-driven investments in the energy sector of the Nigerian economy’.
He said the award came at a time the company was making great effort to in ensure the utilisation and deepening of gas penetration in the country.
He noted that the group recently launched its Liquefied Petroleum Gas facility with a tank capacity of 8,000 metric tonnes and a fleet capacity of about 40 LPG trucks.