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Every
day, employees at Masters Energy are committed to
the pursuit of operational excellence. We do this
by delivering safe, reliable operations, competitive
pricing and maintaining strong commited business relationships
with our customers and vendors. We believe that maximizing
the value of our resources, generates the most benefit
for resource owners, society, and our shareholders. |
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Oil
Services: We are importers, bulk buyers and
sellers of petroleum products. We also do retail marketing
which includes on the spot depot sales of product,
supply to corporate organisations, private businesses;
institutional users like hospitals, fast food outlets,
churches, filling stations and individuals. |
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Transport
Services: With over 50 (33,000 litres) trucks
in its fleet, our Transport Division effectively and
efficiently bridges petroleum products of all parts
of Nigeria; and 10 (10,000 litres) metered digitalized
trucks which peddle petroleum products to smaller
local consumers like Fast food outlets, private homes,
churches, telecommunication companies base stations
e.t.c. in Lagos, South East and its environs. Our
Transport Division also supplies products to our filling
stations across Nigeria and also is leased to other
organisations. We have an ultra modern transport yard
which conveniently accommodates our trucks, and all
repairs and maintenance of trucks are carried out
therein. This Division also offers logistics services
to outsiders. |
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Marine
& Shipping Services: Destiny Marine &
Shipping Company Limited is one of the subsidiaries
of Masters Energy Group. The Company was established
as a shipping company on the 5th of April, 2006. It
is incorporated as a petroleum product freighting
company and fully licensed by Department of Petroleum
Products (DPR) to engage in other maritime freights
with full permit. It is also licensed by the Nigerian
Ports Authority to carry out maritime duties. |
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Oil
Trading & Supplies Services: The Company
started its oil trading activities since inception,
and is fully involved in trading petroleum derivatives
such as: Premium Motor Spirit (PMS), Automotive Gasoline
Oil (AGO), Dual Purpose Kerosene (DPK) and Low Pour
Fuel Oil (LPFO). We are currently involved in bulk
petroleum sales through vessel trans shipments, coastal
bunkering e.t.c. We source our products principally
from overseas and through NNPC/PPMC coastal allocations.
Since inception of operations, we have remained relevant
in petroleum products trading through constant importation
of petroleum products at competitive price, thereby
impacting positively on the economy of the nation. |
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Retail
Outlets: Our filling stations serve as our
main retail outlets. Over the years, there has been
a quantum leap in the number of filling stations scattered
all over the country. The retail outlets are very
important to us as they enable us bring petroleum
products closer to the people at affordable prices.
They also help us build strong corporate presence
across the nation. We have a long term strategic plan
of having retail outlets in all state capitals and
major towns in Nigeria. |
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Gas
Services: Masters Gas, a subsidiary of Masters
Energy Group, is processing their licenses and permits
from DPR to build and operate LPG re-filling plant.
The company’s ultra modern facility is located
in Port Harcourt and more plants are envisaged across
the major cities in Nigeria to make cooking gas available
and affordable to more people. The company has also
invested in LPG truck rentals to easier distributiono0f
LPG gas to all the nook and cranny of Nigeria. The
future strategic plan of the company is to include
Natural Gas distribution network via pipelines. |
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