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.
This storage facility is strategically located in Port Harcourt with business initiatives to capture the Eastern, Northern, Southern and South –Western markets of the Nigeria downstream sector and to equalise the associated pressures often experienced by marketers in the marketing and distribution of petroleum products especially from Lagos to other parts of the country.
The depot is therefore strategically located outside the existing pipeline network of NNPC/PPMC to ensure uninterrupted product supply to these regions of the country and to provide world class storage and off-loading services to both government and the general public.
The construction and building plans of the facility are of API 650 Standards and have received State- of- the- Art commendation from Department of Petroleum Resources.
Below are among other features of the facilities:
STORAGE CAPACITY PER PRODUCT LINE
|STORAGE CAPACITY (MT)
- All Tanks , Pumps, Pipes are constructed to API 650 Standards with fixed roofs
- 16 inches discharge line with pumps of 1500 cubes/Hr capacity
- Private and dedicated jetty with draft of 10.5m at low water, which allows 30,000 tonnage tankers to discharge at the jetty conveniently
- Eighteen loading gantries with demonstrated road loading capacity of 5million litres/hr
- Automated Central Security System
- Automated Tank Gauging System
- Automated Dispensing System
- Automated Maintenance System
- Back loading capacity of 500 cubes/hr indicating little limit on our back loading capacity onto designated shuttle vessels
- Facility can simultaneously handle road loading and back loading
- Fully computerized and State – of –the –Art metering/ monitoring systems with virtually zero tolerance losses on stored product
- Site fire and safety systems built to comply with API 650 Standards
Distribution of products has become a major problem to PPMC and by establishment of this depot; the Energy City is instrumental to energy supply chain of the economy.
The facility will essentially help in the distribution of petroleum product within the South West, South- South and Eastern region, and also to the Northern part of the country.
Since products are in high demand locally and internationally, non-availability could create crisis within the nation as we have seen in the time past. Energy City will no doubt alleviate the pressures associated with product movement especially from Lagos to other locations of the country thereby saving cost of doing business specifically savings from demurrage, STS charges and other ancillary costs.
The facility shall be sited on a three acre site that has a bulk loading rack for fuels, a warehouse for lubricant and chemical package
products, office facilities and a card lock.
This facility sells to the commercial/agricultural base of customers and also to the offshore oil drilling segment.
Lubricant is essential to extending the life of machinery, and proper lubricant storage is critical to maintaining a clean and healthy fluid. Many things can happen to the lubricant between bulk delivery and dispensing to the machine application.
Masters Energy intends to provide branded commercial lubricants and passenger car motor oils to retail outlets, car dealers, quick lubes, and maintenance garages.
Strategically, Masters Energy shall become one of the largest lubricant providers in both the local market and the West African market. We are committed to providing premier lubricant products delivered in a manner that ensures product integrity and customer satisfaction.
The lube plant will provide a full line of lubricant products and services and has the equipment, storage, and support, to provide the best product at the best price.
The Lubricant plant shall be designed to offer and provide complete line of chemical service such as solvents and anti-freezes, as well as fuel additives such as cold weather pour point enhancers, diesel additives and a full line of soaps and cleansers.
It will also provide commercial fleet operators, manufacturing, construction, railroad, aviation, marine transportation, agricultural and fish processing companies with heavy duty motor oils and marine/ railroad engine oils; industrial lubricants such as hydraulic and machine oils, as well as refrigeration, turbine, white, food grade, heat transfer, and synthetic oils.
Masters Energy is an energy redefined company that shall provide you with all of the petroleum products you need to operate your equipment.
With lubricant market segments as a focus, Masters Energy has concluded plans to construct lubricant plant that can blend and store a set of specific oil and greases which deliver high levels of performance when compared to reputable suppliers’ products.
Each of our lube product line will be formulated to provide extended drain periods and reduce the amount of lubricant used in bearings, hydraulic systems and gear boxes when compared to common lubricant products. And all lubricants shall be eco-environmental friendly.
Our quality service delivery shall be extended to target customers which shall include: tug companies, fishing vessels, marine construction, stevedores and local industrial accounts.
Blended Lubricants will be either delivered by bulk truck or package truck (for totes, drums, pails and for case goods). In addition, the facility is a manufacturing plant responsible for the blending of components into finished products. Additives, base oils, and finished products are stored in the tank farm complex consisting of hundreds of gallons for storage. This facility shall handle commercial and some marine sales in the offshore areas of Nigeria waters.
A land space provision adjacent the shoreline of about 15,210sqm has been allocated for the construction and setting up of the Bitumen Plant. This space would greatly enhance loading and offloading of bitumen Tanker Vessel.
Masters Energy Oil and Gas Limited intends to set-up a fully integrated Bitumen Plant in its Energy City logistic centre at Rumuolumeni, Port Harcourt, River State.
The decision to build a bitumen plant is premised on the dearth supply of the product to the Nigerian market and the need to reduce construction and production costs in the Nigeria economy.
The plant will be designed to accommodate 10,000mt of bitumen. Bitumen is used for road construction, the production of fuel oil and petrochemicals.
The company has concluded bitumen market research and survey as well as prepared to take the market by storm. Masters Energy City with the addition of its bitumen tank will offer a one-stop energy solution to the nation and its neighbouring West African countries by providing all their energy needs. This plant will support the manufacture of value added polymer modified bitumen products that will improve safety on the roads and reduce the risk of skidding, rutting, road cracking and ageing.
Strategically, we shall aggressively develop the local market and explore the possibilities of West African partnerships. The bitumen plant would offer advantages which includes fast loading rate with good accessible road to the plant.
The plant will store cold bitumen and is connected to a hot oil unit that heats the bitumen before it is loaded onto trucks for transportation.The Plant will handle and receive bitumen at its own Jetty facility. The facility shall be available for through put and lease to third party.
Modern technology would be deployed in the construction and engineering design of the plant while conforming to the highest API and HSE standards. The Company hopes to make a significant contribution to the social development of its customers and communities.
A land space provision adjacent to the Tank farm and the LPG plant has been made for the setting up of the modular refinery.
More land space is being acquired for expansion purposes. A wharf and jetty are to be built to enable the refinery receives its crude oil, operation materials, ships, equipment unloading and product loading capabilities.
Masters Energy City crude oil (Feedstock) supply is expected from the Federal Government allocation and from NNPC. Federal Government assurances will be obtained with regards to these allocations once the milestone of the Erection Completion (EPC) Contract is achieved. However, future spot market purchases will also be made.
The refinery shall be designed to process any of the Nigeria crude oils as well as other world’s heavy crude oils. The refinery will have a design capacity of 20,000BPD to process Escravos Light/ Bonny Light Crude Oil to produce LPG, premium grades of Gasoline (PMS), Dual Purpose Kerosene (DPK), Automotive Gas Oil (AGO) and Fuel Oils.
The finished products will be primarily evacuated to meet the demands of the domestic markets, and make the MastersEnergyCity storage depot, which is the largest privately owned in Africa self sufficient.
This would ensure constant supply and distribution of petroleum products in the domestic market. The remaining products will be exported to service the international markets. Based on the current market demands, it is anticipated that about 40% of the finished products will be consumed locally while arrangements are made through our technical partners to export the balance. All the refined products will be evacuated from the refinery and finally moved to the storage facility (supply chain), neighbouring countries, the west and Europe.
Each person, in the home and with his or her motor vehicle (scooter, car), is a user of petroleum products. Between the refinery, where heating oil, diesel, petrol and gas are produced, and the end user, there is a distribution network that is responsible for getting these products to their final destination.
Making available to each person the right product, at the right time, at the right place and at the lowest cost and in optimum conditions of safety and security, is the objective of Masters Energy City Logistics Centre.
Masters Energy City integrated logistics centre shall stand as a centre for the distribution of petroleum products to the eastern, south-south and northern part of the Country. It shall be a major centre for fuelling and refueling of Vessels for logistic operations.
It shall act as a major stop over point for Vessel moving deep offshore and the Gulf of Guinea. It will provide a transitory location for item transfer to deep offshore and vessel station keeping.
The centre shall be available for private and government agencies’ maritime businesses which include: dry docking of vessels, bunkering and lightering of daughter and mother vessels.
The supply, storage, transport and delivery of products must also take place under the best possible conditions of safety, security and respect for the environment. This section of our EnergyCityshall handle all other companies products need, vessel leasing, acquisition, bunkering, Coastal Marine services and supplies to offshore oil servicing companies, dredging companies, fishing trawlers and others.
The centre shall among other service offerings provide haulage services to our teaming customers who may require our services to transport products from the Energy Cityto different locations of the nation while assisting the nation in bridging distribution and supply gaps especially to the Eastern and the Northern parts of the country.
In the future this section would be a fully developed subsidiary and expand into importation, sales and services of trucks, with a fully equipped workshop to handle repairs of own and other companies’ trucks thereby providing supply chain management services to all its teaming customers.
The Centre shall in the future provide integrated chain solutions to offshore drilling as well as offering production support services, offshore logistic support including onshore supply base, container hire, and project management for offshore work, charter of marine vessels, supply of equipment for various offshore works and procurement management.