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NEPAL Oil and Gas services Limited, one of the leading indigenous companies operating in Nigeria’s downstream oil and gas industry, has ventured into the Aviation business with the introduction of its newest subsidiary, NEPAL Fly Limited.
According to the company, the expansion is line with its plans to extend business operations to every part of Nigeria and sub-Saharan Africa. Nepal Fly limited is currently operating its aviation tank farm along the Murtala Muhammed Airport, Ikeja.
NEPAL Oil and Gas Services Limited is renowned for its importation, warehousing and distribution of petroleum products such as automotive gas oil (AGO), dual purpose kerosene (DPK), premium motor spirit (PMS), aviation turbine kerosene (ATK), low pour fuel oil (LPFO) and lubricants, among others, in Nigeria.
The company is effective in distribution of petroleum products to meet the demands of the Nigerian market through the use of its motorised tanker trucks, and intends to bring this same efficient delivery service to bear in its aviation operations.
NEPAL has been responsible for the coastal supply of petroleum products to several establishments including renowned oil majors within the country. The company owns a state of the arts modern tank farm facility located in Oghara, Delta State, which is capable of warehousing over 60,000 metric tons of different petroleum products.
The company said it also has plans to expand its aviation business to other locations within and outside the country. Presently being considered are Abuja, Owerri and Port-Harcourt and other locations within the sub-Saharan Africa in the nearest future.
NEPAL is also looking into the future and is a shareholder in Genesis Electricity Limited with active participation in independent power generation in Africa, especially within the Calabar Free Trade Zone. Nepal has not only acted as a major energy supplier for the independent power plant but also as a major stakeholder in Nigeria’s power sector. Nepal has been in the board of Genesis Electricity Limited since 2010.
