About Menj Oil Limited
Menj Oil Limited is a company incorporated under the company and allied matters act (CAMA), 1990 on the 18th of August 2004 as a petroleum products marketing, trading, distribution, storage and transportation company. Our main object as an organisation is to carry on the business of general investments in the oil and gas sector (local and international); storage, distribution, sales, export, import and marketing of all types of petroleum products including Premium Motor Spirit (PMS), Automobile Gas Oil (AGO), Dual Purpose Kerosene (DPK), Aviation Fuel (Jet A1), Lubricants and Liquified Petroleum Gas (LPG). Asides its activities in petroleum trading, marketing and distribution, it also renders consultation, logistics, supplies, equipment sourcing and other support services for both upstream and downstream petroleum companies in Africa with particular interest in Nigeria.
Over its 16 years of existence, Menj Oil Limited has been involved in a sizeable number of petroleum trading activities majorly in the Nigerian local market. Ten years ago, Menj Oil embarked on expanding its activities along the downstream value chain by building its own petroleum storage facility (“tank farm”). The tank farm which has a capacity of over 66,000MTs (22,000MTs PMS, 22,000MTs AGO and 22,000MTs DPK) has been completed and commenced operations in the third quarter of 2017.
In a bit to service the increased demand for our service, in 2022 we began the expansion of our petroleum storage facility (Tank Farm), we are currently building an additional 4 tanks of petroleum storage with total capacity of 44,000 Metric Tonnes suitable for Premium Motor Spirit (PMS), and Automobile Gas Oil (AGO). The expansion is targeted to be completed by first quarter of 2024, this would put our total storage capacity at 110,000 Metric Tonnes.
Our tank farm valued at over 40 Billion Naira (NGN) is a strategic investment by Menj Oil Limited. Apart from its direct revenue generation potentials through the provision of petroleum storage services to other petroleum marketing companies in Nigeria, the tank farm will directly increase its trading capacity as it now has a storage facility to throughput its products within its control.
Our Strategic Intent and Objectives
To be a leading and innovative oil and gas trading and marketing company in Nigeria
To develop Menj Oil into a strong, independent, vertically integrated energy company by building strong client, partner, investor and employee relationships that will stand the test of time with a strong focus on integrity and trust that will guarantee customers security and satisfaction.
We believe in doing the right things always, whether anyone is watching or not.
This is the core of our organisation. We give our clients and customers services that cannot be matched.
Our employees are well trained to deliver on our commitment to our customers.
We deliver to our customers at the lowest possible costs. We have invested in articulating and standardising our processes to drive efficiency in our operations.
This is key to our existence considering the sector in which we play.
Menj Oil Limited is a new company that is registered in Nigeria by its promoters whom are well seasoned in the energy and oil business. It is a downstream oil and gas company with specific focus on importation, storage, trading, marketing, distribution and transportation of petroleum products: Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Dual Purpose Kerosene (DPK), Aviation Fuel (JET A1), Lubricants and Liquified Petroleum Gas (LPG).
Besides our specific focus we will also render consultation, support services for both upstream and downstream in logistics, supplies, equipment sourcing in Africa with particular interest in Nigeria.
Our aim as an organization is to meet our customers’ needs professionally. We emphasize efficiency and effectiveness in achieving quality production and real-time delivery in meeting deadlines that we commit to. We approach each project with undivided attention to minute details, with zero tolerance for errors. At all times, we place high premium on standard products, comprehensive communication and a job well done.
Menj Oil Limited is a private limited liability company incorporated on 18th August, 2004 as evidenced by Certificate of Incorporation No. RC 604952. Its main object is to carry on business of general investment in the gas and oil sector (local and international), storage, distribution sales, export, importand marketing of all types of petroleum products. Others object are as contained in the company's memorandum and articles of association.