Welcome to Menj OIL
Menj Oil Limited is a prominent company in the Downstream Sector
of the Oil and Gas industry in Nigeria. We import, store and
distribute Petroleum products and partner with strategically located
depots as distribution points. We partner with strategic storage
facilities in Nigeria to distribute our Petroleum products.
Oil Trading (Local and International)
Menj OIL Limited is active in the purchase, shipping and marketing of refined petroleum products such as Automotive Gas Oil (AGO), Dual Purpose Kerosene (DPK) and Premium Motor Spirit (PMS). The Company imports petroleum products from international traders using its own vessels. Ownership of vessels enables Menj Oil reduce ship chartering costs and demurrage.
Menj Oil stores petroleum products in its tank farm complex for its Retail and Marketing division and for other petroleum marketers. The Company’s tank farm complex is located at Ijegun, Satellite Town and consist of 6 tanks with a total storage capacity of over 66,000 Metric Tonnes. We have an ongoing construction of 4 new tanks with total capacity of 40,000 Metric Tonnes for Automotive Gas Oil (AGO) and Premium Motor Spirit (PMS). Upon completion of the additional 4 tanks, we would have a total of 10 tanks with capacity of 106,000 Metric Tonnes.
Currently, our jetty is capable of berthing 2 vessels simultaneously and 4 vessels when double banked.
Distribution and Haulage
This is the final leg (i.e. "last mile" to the customer) in Menj Oil's value chain and a key customer of the Company's Supply and Trading business. The Company currently operates 7 retail outlets. Expansion is well to increase the number of retail outlets to 20 over the next 3 years.